AMENDMENT TO THE STOCK PURCHASE AGREEMENT

Exhibit 4.44

AMENDMENT TO THE STOCK PURCHASE AGREEMENT

This amendment (the “Amendment”) dated as of December 15, 2015, is entered into by and among Hongkong Cheetah Mobile Technology Limited, a Hong Kong company, with its registered address at Rm 1101, 11/F San Toi Xxxx, Xx.000, Xxxxxxxxx Xx Xxxxxxx Xxxx Xxxx (the “Purchaser”); Mr. Vianney Settini and Xx. Xxxxxxxxx Xxxxxxx (the “Founders”), funds managed by Xxxxx Capital Partners and Newfund Management (the “Investors”) and each of the other Persons identified under the heading “Main Sellers” on the signature page hereto (collectively with the Founders and the Investors, the “Main Sellers”); Mr. Djamel Agaoua and Xxxxx Capital Partners solely in their capacity as the Sellers’ Representatives; and MobPartner S.A.S., a société par actions simplifiée organized and existing under the laws of France and with its registered offices at 00-00, xxxxxx Xxxxx-Xxxxxx, 00000 Xxxxx, Xxxxxx registered with the Commercial Registry under number 484 374 533 R.C.S. Paris (the “Company”).  The Purchaser, the Founders, the Investors, the Main Sellers, the Sellers’ Representatives and the Company shall be referred to, individually, as a “Party” and, collectively, as the “Parties”.

RECITALS

WHEREAS a stock purchase agreement was entered into on March 15, 2015 and amended on April 1st, 2015, by and among (i) the Purchaser, (ii) the Founders, (iii) the Investors, (v) each of the other Persons identified under the heading “Main Sellers” on the signature page hereto, (vi) Mr. Djamel Agaoua and Xxxxx Capital Partners solely in their capacity as the Sellers’ Representatives, and (vii) the Company (the “SPA”);

WHEREAS numerous discussions and correspondence regarding the Conditional Deferred Payments occurred between the Sellers’ Representatives and the Purchaser, the Parties decided to amend certain terms of the SPA as set forth herein.

IT IS AGREED AS FOLLOWS:

ARTICLE I

DEFINITIONS

Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them in the SPA.

ARTICLE II

FINAL PAYMENT

Section 2.1 Final Payment.  For and in consideration of the provisions and mutual releases contained herein, and as final settlement of the discussions relating to the Conditional Deferred Payments, as well as of any potential claims relating to the amount due by the Purchaser in connection with such Conditional Deferred Payments, Purchaser shall pay or cause to be paid to, Main Sellers an aggregate amount equal to US$ 1,500,000 (the “Final Payment”) to be allocated among Main Sellers as set forth in Exhibit II herein.

For the avoidance of doubt, each Main Seller hereby irrevocably (i) agrees with such Final Payment, (ii) acknowledges that such Final Payment supersedes and replaces all Conditional Deferred Payments originally provided for in the SPA, and therefore (iii) waives any contractual or legal right such Main Seller may have had relating to the Conditional Deferred Payments originally provided for in the SPA.

Section 2.2 Payment of the Final Payment shall be made on the date hereof by wire transfer of immediately available funds to the bank account of each Main Seller set forth in Exhibit II.

Section 2.3 The Parties agree that the present Amendment irrevocably replaces the Conditional Deferred Payments mechanism set forth in Section 1.5 of the SPA in its entirety.

ARTICLE III

MISCELLANEOUS

Section 3.1 Effectiveness.  This Amendment shall become effective immediately upon its execution by the Parties.

Section 3.2 Continuing Effect.  This Amendment shall not constitute an amendment or waiver of any provision of the SPA not expressly referred to herein and, except as expressly modified hereby, the terms, conditions and provisions of the SPA are and shall remain in full force and effect.

Section 3.3 Governing Law and Dispute Resolution.  Section 11.6 (Governing Law) and Section 11.7 (Dispute Resolution; Submission to Jurisdiction for Injunctive Relief) of the Sale and Purchase Agreement shall also apply mutatis mutandis to this Amendment.

[Signatures are included on the following page.]

IN WITNESS WHEREOF, Purchaser, the Sellers’ Representatives and the Main Sellers have executed this Amendment or caused this Amendment to be executed by their respective officers thereby duly authorized as of the date first written above.

	PURCHASER
	HONGKONG CHEETAH MOBILE TECHNOLOGY LIMITED
	By:	/s/ Sheng Fu
		Name:	Sheng Fu
		Title:	Authorized Representative
	COMPANY
	MOBPARTNER S.A.S.
	By:	/s/ Djamel Agaoua
		Name:	Djamel Agaoua
		Title:	Président
	SELLERS’ REPRESENTATIVES
	By:	/s/ Djamel Agaoua
		Name:	Djamel Agaoua
	By:	/s/ Xxxxxx Xxxx
		Name:	Xxxxx Capital Partners, represented by Xxxxxx Xxxx
		Title:	Attorney-in-fact

Signature Page to Amendment to Stock Purchase Agreement

	MAIN SELLERS
	By:	/s/ Vianney Settini
		Name:	Vianney Settini
		Address:	00 xxx Xxxxx — 00000 Xxxxx, Xxxxxx
		E-mail:	xxxxxxx.xxxxxxx@xxxxx.xxx
	By:	/s/ Xxxxxxxxx Xxxxxxx
		Name:	Xxxxxxxxx Xxxxxxx
		Address:	0 xxx Xxxxxxx — 00000 Xxxxx, Xxxxxx
		E-mail:	xxxxxxxxx@xxxxxxxxxx.xxx
	By:	/s/ Djamel Agaoua
		Name:	Djamel Agaoua
		Address:	French residence: 58 allee des Romarins —
		Port d’Alon — 00000 Xxxxx-Xxx-xxx-Xxx, Xxxxxx
		US residence: 000 Xxxxxxxxx Xxxxxx, Xxxx Xxxxxx,
		XX 00000, XXX
		E-mail:	xxxxxx.xxxxxx@xxxxxxxxxx.xxx
	By:	/s/ Xxxxxx Xxxx
		Name:	FCPR Xxxxx Capital III, represented by Xxxxx
		Capital Partners, itself represented by Xxxxxx Xxxx
		Title:	Attorney-in-fact
		Address:	0 xxxxx Xxxxx Xxxxxxx — 00000 Xxxxx, Xxxxxx
		E-mail:	xxxx@xxxxxxxxxxxx.xxx
	By:	/s/ Xxxxxxx-Xxxxxxx Xxxxxx
		Name:	FPCI NewFund 1, represented by Newfund
		Management, itself represented by Xxxxxxx-Xxxxxxx
		Xxxxxx
		Title:  Attorney-in-fact
		E-mail Address:  xxxxxx@xxxxxxx.xx
	By:	/s/ Xxxxxxx-Xxxxxxx Xxxxxx
		Name:	Xxxxxxx-Xxxxxxx Xxxxxx
		Address:	0 xxx xxx Xxxxxx — 00000 Xxxxx
		E-mail:	xxxxxx@xxxxxxx.xx
	By:	/s/ OM Invest
		Name:	OM Invest
		Address:	Xxxxxx xxx Xxxxxxxx — 00000 Xxxxxx, Xxxxxx

Exhibit II — Allocation between Main Sellers

Earn Out Dec 15		Landing currency		Amount
Mr Vianney Settini		USD		$	429,774.12
Xx Xxxxxxxxx Xxxxxxx		USD		$	429,774.12
Xxxxx Capital		USD		$	306,780.86
Newfund		USD		$	152,465.59
Mr Djamel Agaoua		USD		$	66,931.67
OM Invest		USD		$	22,004.17
C A Xxxxxx		EUR		$	910.91
MOBPARTNER SAS		USD		$	91,358.56
Total				$	1,500,000.00