Common use of Covenant Of The Pledgor Clause in Contracts

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes on January 30, 2003, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes Quanshi on January 30May 17, 20032005, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes Kuantong on January 30July 1, 20032006, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes Huxin on January November 30, 20032004, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes MSN on January November 30, 20032004, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes Baifen Creation on January 30November 1, 20032004, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except for the transfer of equity interestthe Equity Interest by the Pledgor, Recon Technology, Co., Limited and [DALIAN XXXXXXX INTERNATIONAL SHIPPING AGENCY CO., LTD.] as subject to the Exclusive Equity Interest Purchase Right Contract Agreement entered into by and among the PledgorPledgor and Recon Technology, Pledgee and SH Allyes on January 30Co., 2003, Limited to Pledgee transfer the Equity Interest to the Pledgor or the specified person designated consigned by Pledgeethe Pledgor (“Specified Person”), not transfer or assign the equity interestsEquity Interest, create or permit to create be created any pledges which may have an adverse effect affect on the rights or benefits of the Pledgee without prior written consent from the Pledgee;. 6.1.2 comply Comply with and implement laws and regulations regulation with respect to the pledge right of rightspledge, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon after receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with the written consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest Equity Interest or any part of its right, and any events or any received notices which may change any of the Pledgor’s any covenant convenants and obligation obligations under this Agreement or which may affect the Pledgor’s performance of its obligations obligation under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person.person authorized by the Pledgor.. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests interest in the pledge Pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make provide access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of or certificate of equity interests the Equity Interest with the Pledgee or the person(natural person (natural person or legal entity) designed designated by the Pledgee, and provides provide all the notices, orders and decisions regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for in the reasons event that the Pledgor does not perform or fully perform their his guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except for the transfer of equity interestthe Equity Interest by the Pledgor, Recon Technology, Co., Limited and [DALIAN XXXXXXX INTERNATIONAL LOGISTICS CO., LTD.] as subject to the Exclusive Equity Interest Purchase Right Contract Agreement entered into by and among the PledgorPledgor and Recon Technology, Pledgee and SH Allyes on January 30Co., 2003, Limited to Pledgee transfer the Equity Interest to the Pledgor or the specified person designated consigned by Pledgeethe Pledgor (“Specified Person”), not transfer or assign the equity interestsEquity Interest, create or permit to create be created any pledges which may have an adverse effect affect on the rights or benefits of the Pledgee without prior written consent from the Pledgee;. 6.1.2 comply Comply with and implement laws and regulations regulation with respect to the pledge right of rightspledge, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon after receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with the written consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest Equity Interest or any part of its right, and any events or any received notices which may change any of the Pledgor’s any covenant convenants and obligation obligations under this Agreement or which may affect the Pledgor’s performance of its obligations obligation under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person.person authorized by the Pledgor.. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests interest in the pledge Pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make provide access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of or certificate of equity interests the Equity Interest with the Pledgee or the person(natural person (natural person or legal entity) designed designated by the Pledgee, and provides provide all the notices, orders and decisions regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for in the reasons event that the Pledgor does not perform or fully perform their his guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee Party A that the Pledgor shallwill: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes on January 30, 2003, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee except transfer to the Pledgee or the person designated by the Pledgee as required by the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee Party A the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply take actions in accordance with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request instruction of the Pledgee or with consent from the Pledgee.Party A; 6.1.3 timely notify the Pledgee Party A of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement., take actions in accordance with the instructions of Party A; 6.2 The Pledgor agrees Pledgors agree that the PledgeeParty A’s right of exercising the Pledge obtained from pursuant to this Agreement shall not be suspended or hampered through legal procedure by the Pledgor Pledgors or any successors or transferees of the Pledgor or any person authorized by the Pledgor Pledgors or any other personpersons. 6.3 The Pledgor warrants Pledgors warrant to the Pledgee Party A that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Technical Consulting and Service Agreement, the Pledgor Pledgors shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or /or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed another party designated by the Pledgee, and provides the Pledgee with all the notices, orders and decisions documents regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor Pledgors warrants to the Pledgee Party A that the Pledgor Pledgors will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate for all the losses suffered by the Pledgee Party A for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Linktone Ltd. and SH Allyes Hainan Xxxxx Xxxx on January 30June 1, 20032005, to Pledgee Linktone Ltd. or the person designated by PledgeeLinktone Ltd., not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except for the transfer of equity interestthe Equity Interest by the Pledgor, Recon Technology, Co., Limited and [DALIAN SHIPPING ONLINE NETWORK CO., LTD.] as subject to the Exclusive Equity Interest Purchase Right Contract Agreement entered into by and among the PledgorPledgor and Recon Technology, Pledgee and SH Allyes on January 30Co., 2003, Limited to Pledgee transfer the Equity Interest to the Pledgor or the specified person designated consigned by Pledgeethe Pledgor (“Specified Person”), not transfer or assign the equity interestsEquity Interest, create or permit to create be created any pledges which may have an adverse effect affect on the rights or benefits of the Pledgee without prior written consent from the Pledgee;. 6.1.2 comply Comply with and implement laws and regulations regulation with respect to the pledge right of rightspledge, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon after receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with the written consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest Equity Interest or any part of its right, and any events or any received notices which may change any of the Pledgor’s any covenant convenants and obligation obligations under this Agreement or which may affect the Pledgor’s performance of its obligations obligation under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person.person authorized by the Pledgor.. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests interest in the pledge Pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make provide access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of or certificate of equity interests the Equity Interest with the Pledgee or the person(natural person (natural person or legal entity) designed designated by the Pledgee, and provides provide all the notices, orders and decisions regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for in the reasons event that the Pledgor does not perform or fully perform their his guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee Party A that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes on January 30, 2003, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee Party A without prior written consent from Party A except for the Pledgeetransfer to Party A or the person designated by Party A as required by Party A; 6.1.2 comply with and implement applicable laws and regulations with respect to the pledge of rightsregulations, present to the Pledgee Party A the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply take actions in accordance with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request instruction of the Pledgee or with consent from the Pledgee.Party A; 6.1.3 timely notify the Pledgee Party A of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement., take actions in accordance with the instructions of Party A; 6.2 The Pledgor agrees Pledgors agree that the Pledgee’s Party A's right of exercising the Pledge obtained from pursuant to this Agreement shall not be suspended or hampered through legal procedure by the Pledgor Pledgors or any successors or transferees of the Pledgor or any person authorized by the Pledgor Pledgors or any other personpersons. 6.3 The Pledgor warrants Pledgors warrant to the Pledgee Party A that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Exclusive Technical and Consulting Services Agreement, the Pledgor Pledgors shall execute in good faith and cause other parties who have interests in the pledge Pledge to execute all the title certificates, contracts, and or /or perform and cause other parties who have interests to take action as required by the Pledgee Party A and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed another party designated by the PledgeeParty A, and provides Party A with all the notices, orders and decisions documents regarded as necessary by the Pledgee with the Pledgee to Party A within the reasonable time. 6.4 The Pledgor Pledgors warrants to the Pledgee Party A that the Pledgor Pledgors will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. Party A. The Pledgor shall compensate for all the losses suffered by the Pledgee for the reasons that Party A if the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interestinterest by the Pledgor, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Hurray! Holding Co., Ltd. and SH Allyes on January 30Beijing Cool Young Information Technology Co., 2003Ltd., to Pledgee Hurray! Holding Co., Ltd. or the person designated by PledgeeHurray! Holding Co., Ltd., not transfer or assign the equity interests, create or permit to create be created any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other personPledgor. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person (natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee BYAIR CORPORATION and SH Allyes on January 30, 2003Shanghai Mtone, to Pledgee Linktone Ltd or the person designated by PledgeeBYAIR CORPORATION, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee Party A that the Pledgor shallwill: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes on January 30, 2003, to Pledgee or the person designated Unless consented by PledgeeParty A, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee except transfer to the Pledgee or the person designated by the Pledgee as required by the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee Party A the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply take actions in accordance with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request instruction of the Pledgee or with consent from the Pledgee.Party A; 6.1.3 timely notify the Pledgee Party A of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement., take actions in accordance with the instructions of Party A; 6.2 The Pledgor agrees Pledgors agree that the PledgeeParty A’s right of exercising the Pledge obtained from pursuant to this Agreement shall not be suspended or hampered through legal procedure by the Pledgor Pledgors or any successors or transferees of the Pledgor or any person authorized by the Pledgor Pledgors or any other personpersons. 6.3 The Pledgor warrants Pledgors warrant to the Pledgee Party A that in order to protect or perfect the security over the payment obligation of the technical consulting and service fees under the Service Organization Agreement, the Pledgor Pledgors shall make any necessary amendments on the Articles of Association of the Pledgor, and execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or /or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed another party designated by the Pledgee, and provides the Pledgee with all the notices, orders and decisions documents regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor Pledgors warrants to the Pledgee Party A that the Pledgor Pledgors will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate for all the losses suffered by the Pledgee Party A for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except for the transfer of equity interestthe Equity Interest by the Pledgor, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Xin Ao Construction Materials, Inc. and SH Allyes on January 30, 2003XinAo, to Pledgee Xin Ao Construction Materials, Inc. or the person designated by PledgeeXinAo Construction Materials, Inc., not transfer or assign the equity interestsEquity Interest, create or permit to create be created any pledges which may have an adverse effect affect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five (5) days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity Equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other personPledgor. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge Pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests the Equity Interest with the Pledgee or the person(natural person (natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Linktone Ltd and SH Allyes on January 30, 2003Shanghai Unilink, to Pledgee Linktone Ltd or the person designated by PledgeeLinktone Ltd, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except for the transfer of equity interestinterest by the Pledgor, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Hurray! Holding Co., Ltd. and SH Allyes on January 30Beijing Palmsky Technology Co., 2003Ltd., to Pledgee or the person designated by PledgeeHurray! Holding Co., Ltd., not transfer or assign the equity interests, create or permit to create be created any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other personPledgor. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical and consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person (natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except for the transfer of equity interestinterest by the Pledgor, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Hurray! Holding Co., Ltd. and SH Allyes on January 30, 2003Beijing WVAS Solutions Ltd., to Pledgee or the person designated by PledgeeHurray! Holding Co., Ltd., not transfer or assign the equity interests, create or permit to create be created any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of the rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other personPledgor. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical and consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person (natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Linktone Ltd. and SH Allyes Shanghai Weilan on January 30, 2003___________, to Pledgee Linktone Ltd. or the person designated by PledgeeLinktone Ltd., not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Linktone Ltd. and SH Allyes Shanghai Unlink on January 30, 2003_______, to Pledgee Linktone Ltd. or the person designated by PledgeeLinktone Ltd., not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes on January 30, 2003, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee except transfer to the Pledgee or the person designated by the Pledgee as required by the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply take actions in accordance with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request instruction of the Pledgee or with consent from the Pledgee.; 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement, take actions in accordance with the reasonable instruction of the Pledgee. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement and the licensing fees under the Licensing Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed another party designated by the Pledgee, and provides the Pledgee with all the notices, orders and decisions documents regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate for all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Linktone Ltd. and SH Allyes Shanghai Unlink on January 30, 2003______, to Pledgee Linktone Ltd. or the person designated by PledgeeLinktone Ltd., not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the each Pledgor covenants to the Pledgee that the Pledgor it shall: 6.1.1 Except without prior written consent of the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes on January 30, 2003, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interestsEquity Interests to, create or permit to create any pledges pledge or security interest, which may have an adverse effect on the rights or benefits of the Pledgee, in favor of any third party, except for the transfer of the Equity Interests to the Pledgee without prior written consent from or the person designated by the Pledgee as required by the Pledgee; 6.1.2 comply with and implement all applicable laws and regulations with respect to the pledge of rightsPledge, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five (5) working days upon receiving such notices, orders or suggestions and comply take actions in accordance with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request instruction of the Pledgee or with consent from the Pledgee.; 6.1.3 timely notify the Pledgee of any events event or any received notices notice which may affect the Pledgor’s equity interest Equity Interests or any part of its rightright therein, and any events event or any received notices notice which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement, and take actions in accordance with the reasonable instructions of the Pledgee. 6.2 The Pledgor agrees Pledgors agree that the Pledgee’s right of exercising rights to enforce the Pledge obtained from pursuant to this Agreement shall not be suspended or hampered through legal procedure by the Pledgor Pledgors or any of its successors of the Pledgor or any person authorized by the Pledgor assigns or any other person. 6.3 The Pledgor warrants Pledgors warrant to the Pledgee that in order to protect or perfect the security over the payment obligations of the technical consulting and service fees Pledgor and/or Party C under the Service AgreementControlling Agreements, the Pledgor Pledgors shall execute in good faith make all necessary amendments to Party C’s articles of association (if applicable), and cause procure the other parties who have interests interested in the pledge Pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests interested Parties to take action actions as required by the Pledgee and make access to exercise the rights and authorization vested assist in the Pledgee enforcement of the Pledge under this Agreement, and execute enter into all the documents with respect to the changes of share certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed any third party designated by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with all the Pledgee documents it deems necessary for the Pledge within the reasonable timeperiod. 6.4 The Pledgor warrants Pledgors covenants to the Pledgee that that, in the Pledgor will interest of the Pledgee, the Pledgors shall comply with and perform all the guaranteeswarranties, covenants, agreements, representations agreements and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditionsrepresentations.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Linktone Ltd and SH Allyes on January 30, 2003Shanghai Weilan, to Pledgee Linktone Ltd or the person designated by PledgeeLinktone Ltd, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interestinterest by the Pledgor, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Hurray! Holding Co., Ltd. and SH Allyes on January 30, 2003Hurray Solutions, to Pledgee Hurray! Holding Co., Ltd. or the person designated by PledgeeHurray! Holding Co., Ltd., not transfer or assign the equity interests, create or permit to create be created any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising 's to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other personPledgor. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor Pledgors covenants to the Pledgee Party A that the Pledgor shallPledgors will: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes on January 30, 2003, to Pledgee or the person designated Unless consented by PledgeeParty A, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee except transfer to the Pledgee or the person designated by the Pledgee as required by the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee Party A the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply take actions in accordance with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request instruction of the Pledgee or with consent from the Pledgee.Party A; 6.1.3 timely notify the Pledgee Party A of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement., take actions in accordance with the instructions of Party A; 6.2 The Pledgor agrees Pledgors agree that the PledgeeParty A’s right of exercising the Pledge obtained from pursuant to this Agreement shall not be suspended or hampered through legal procedure by the Pledgor Pledgors or any successors or transferees of the Pledgor or any person authorized by the Pledgor Pledgors or any other personpersons. 6.3 The Pledgor warrants Pledgors warrant to the Pledgee Party A that in order to protect or perfect the security over the payment obligation of the technical consulting and service fees under the Service Organization Agreement, the Pledgors shall make any necessary amendments on the Articles of Association of the Pledgor shall and the Company respectively, and execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or /or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed another party designated by the Pledgee, and provides the Pledgee with all the notices, orders and decisions documents regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor Pledgors warrants to the Pledgee Party A that the Pledgor Pledgors will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate for all the losses suffered by the Pledgee Party A for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except for the transfer of equity interestthe Equity Interest by the Pledgor, as subject to the Exclusive Equity Interest Purchase Right Contract Agreement entered into by and among the Pledgor, Pledgee Pledgor and SH Allyes on January 30, 2003, ZBDT to transfer the Equity Interest to the Pledgee or the specified person designated consigned by Pledgeethe Pledgee (“Specified Person”), not transfer or assign the equity interestsEquity Interest, create or permit to create be created any pledges which may have an adverse effect affect on the rights or benefits of the Pledgee without prior written consent from the Pledgee;. 6.1.2 comply Comply with and implement laws and regulations regulation with respect to the pledge right of rightspledge, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon after receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with the written consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest Equity Interest or any part of its right, and any events or any received notices which may change any of the Pledgor’s any covenant convenants and obligation obligations under this Agreement or which may affect the Pledgor’s performance of its obligations obligation under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person.person authorized by the Pledgor.. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests interest in the pledge Pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make provide access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of or certificate of equity interests the Equity Interest with the Pledgee or the person(natural person (natural person or legal entity) designed designated by the Pledgee, and provides provide all the notices, orders and decisions regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for in the reasons event that the Pledgor does not perform or fully perform their his guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes on January 30, 2003, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee except transfer to the Pledgee or the person designated by the Pledgee as required by the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply take actions in accordance with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request instruction of the Pledgee or with consent from the Pledgee.; 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement, take actions in accordance with the reasonable instruction of the Pledgee. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed another party designated by the Pledgee, and provides the Pledgee with all the notices, orders and decisions documents regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate for all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Linktone Ltd and SH Allyes on January 30, 2003Shanghai Weilan, to Pledgee Linktone Ltd or the person designated by PledgeeLinktone Ltd, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Linktone Ltd. and SH Allyes Shanghai Weilan on January 30, 2003_________, to Pledgee Linktone Ltd. or the person designated by PledgeeLinktone Ltd., not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except for the transfer of equity interestinterest by the Pledgor, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Hurray! Holding Co., Ltd. and SH Allyes on January 30, 2003, Beijing WVAS Solutions Ltd. to Pledgee or the person designated by PledgeeHurray! Holding Co., Ltd., not transfer or assign the equity interests, create or permit to create be created any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other personPledgor. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical and consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person (natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Linktone Ltd and SH Allyes on January 30, 2003Shanghai Unilink, to Pledgee Linktone Ltd or the person designated by PledgeeLinktone Ltd, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person (natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Lahiji Vale Limited (hereinafter referred to "LAHIJI") and SH Allyes Lei Ting Company on January 30September 26, 2003, to Pledgee LAHIJI or the person designated by PledgeeXXXXXX, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural a person (natural person or legal entity) designed designated by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate for all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except for the transfer of equity interest, the Equity Interest by the Pledgor as subject to the Exclusive Equity Interest Purchase Right Contract Agreement entered into by and among the Pledgor, Pledgee Pledgor and SH Allyes on January 30, 2003, ZBDT to transfer the Equity Interest to the Pledgee or the specified person designated consigned by Pledgeethe Pledgee (“Specified Person”), not transfer or assign the equity interestsEquity Interest, create or permit to create be created any pledges which may have an adverse effect affect on the rights or benefits of the Pledgee without prior written consent from the Pledgee;. 6.1.2 comply Comply with and implement laws and regulations regulation with respect to the pledge right of rightspledge, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon after receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with the written consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest Equity Interest or any part of its right, and any events or any received notices which may change any of the Pledgor’s any covenant convenants and obligation obligations under this Agreement or which may affect the Pledgor’s performance of its obligations obligation under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person.person authorized by the Pledgor.. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests interest in the pledge Pledge to execute all the title certificates, contracts, and or and/or perform and cause other parties who have interests to take action as required by the Pledgee and make provide access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of or certificate of equity interests the Equity Interest with the Pledgee or the person(natural person (natural person or legal entity) designed designated by the Pledgee, and provides provide all the notices, orders and decisions regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for in the reasons event that the Pledgor does not perform or fully perform their his guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee Party A that the Pledgor shallwill: 6.1.1 Except the transfer of equity interest, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee and SH Allyes on January 30, 2003, to Pledgee or the person designated by Pledgee, not transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee except transfer to the Pledgee or the person designated by the Pledgee as required by the Pledgee; 6.1.2 comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee Party A the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply take actions in accordance with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request instruction of the Pledgee or with consent from the Pledgee.Party A; 6.1.3 timely notify the Pledgee Party A of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement., take actions in accordance with the instructions of Party A; 6.2 The Pledgor agrees Pledgors agree that the Pledgee’s Party A's right of exercising the Pledge obtained from pursuant to this Agreement shall not be suspended or hampered through legal procedure by the Pledgor Pledgors or any successors or transferees of the Pledgor or any person authorized by the Pledgor Pledgors or any other personpersons. 6.3 The Pledgor warrants Pledgors warrant to the Pledgee Party A that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Technical Consulting and Service Agreement, the Pledgor Pledgors shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or /or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person or legal entity) designed another party designated by the Pledgee, and provides the Pledgee with all the notices, orders and decisions documents regarded as necessary by the Pledgee with to the Pledgee within the reasonable time. 6.4 The Pledgor Pledgors warrants to the Pledgee Party A that the Pledgor Pledgors will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate for all the losses suffered by the Pledgee Party A for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.

Covenant Of The Pledgor. 6.1 During the effective term of this Agreement, the Pledgor covenants to the Pledgee that the Pledgor shall: 6.1.1 Except the transfer of equity interestinterest by the Pledgor, as subject to the Exclusive Purchase Right Contract entered into among the Pledgor, Pledgee Hurray! Holding Co., Ltd. and SH Allyes on January 30, 2003Hurray Solutions, to Pledgee Hurray! Holding Co., Ltd. or the person designated by PledgeeHurray! Holding Co., Ltd., not transfer or assign the equity interests, create or permit to create be created any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; 6.1.2 comply Comply with and implement laws and regulations with respect to the pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 6.1.3 timely Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s 's equity interest or any part of its right, and any events or any received notices which may change the Pledgor’s 's any covenant and obligation under this Agreement or which may affect the Pledgor’s 's performance of its obligations under this Agreement. 6.2 The Pledgor agrees that the Pledgee’s 's right of exercising to exercise the Pledge obtained from this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other personPledgor. 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, contracts, and or perform and cause other parties who have interests to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement, and execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the person(natural person (natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 6.4 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their guarantees, covenants, agreements, representations and conditions.