Capital Contribution Transfer Agreement
According
to the shareholders’
meeting resolution,
THE
AGREEMENT TO AMEND THE LOAN AGREEMENT among Kongzhong Corporation, Xxxxxx
Xxxx,
Xxxxxxx Xxxx, Xxxxxx Xxxx and Xxxx Xxxxx dated on October 16, 2006, and THE
AGREEMENT TO AMEND THE LOAN AGREEMENT among Kongzhong Corporation, Xxxxxxx
Xxxx,
Linguang Wu and Yang Cha dated on October 16, 2006, Yang
Cha,
Xxxxxx Xxxx (the
two
parties together referred to hereunder as the "Transferor"),
Linguang Wu,
Xxxxxx Xxxx
(the two
parties together referred to hereunder as the "Transferee") and Xxxxxxx
Xxxx,
Xxxx
Xxxxx
(the two
parties together referred to hereunder as the “Original Shareholders”) hereby
enter into the following agreement:
| 1. |
Yang
Cha
agrees to transfer his capital contribution in Beijing AirInbox
Information Technologies Co., Ltd totaled RMB 4,500,000 Yuan to Linguang
Wu.
|
| 2. |
Linguang
Wu agrees to accept from Yang Cha the RMB 4,500,000 Yuan capital
contribution in Beijing AirInbox Information Technologies Co.,
Ltd.
|
| 3. |
Xxxxxx
Xxxx agrees to transfer his capital contribution in Beijing AirInbox
Information Technologies Co., Ltd totaled RMB 1,000,000 Yuan to Xxxxxx
Xxxx.
|
| 4. |
Xxxxxx
Xxxx agrees to accept from Xxxxxx Xxxx the RMB 1,000,000 Yuan capital
contribution in Beijing AirInbox Information Technologies Co.,
Ltd.
|
| 5. |
The
parties will start to go through the registration formalities for
the
change of shareholders of Beijing AirInbox Information Technologies
Co.,
Ltd., starting from the execution date of this Agreement, the completion
of the registration will be deemed as the consummation of the transfer.
From the consummation date of the transfer, Transferor will not longer
enjoy shareholders’ rights nor bear shareholders’ liabilities in
connection with their original capital contributions, while Transferee
will enjoy shareholders’ rights and bear shareholders’ liabilities within
its capital contribution.
|
| 6. |
The
Original Shareholders agree to the aforesaid
transfer.
|
This
Agreement will come into effect upon execution by the parties.
|
Transferor:
|
Transferee:
|
|
(signature)
|
(signature)
|
Original
Shareholders:
(signature)
Date:
2006-10-16
