AUTHORIZATION AGREEMENT
Execution
Version
I,
Ju
Baochun ,
a
citizen of the PRC, ID No. ________________, owns 80% equity interests in
Tianjin Yinse Lingdong Advertising Co., Ltd, hereby irrevocably authorize
Xxxxxxx Dash to exercise the following powers and rights during the term of
this
Authorization Agreement:
I
hereby
authorize Xxxxxxx Dash to exercise on my behalf at the shareholders' meetings
of
Tianjin Yinse Lingdong Advertising Co., Ltd. (“Yinse”)
the
full voting rights as a shareholder of Yinse as have been given to me by law
and
under the articles of association of Yinse, including but not limited to, the
voting rights regarding the sale or transfer of any or all of the shares of
Yinse held by myself, acting as my authorized representative at the
shareholders’ meeting of Yinse to designate and appoint the directors of Yinse
and executing and/or stamping, for and on behalf of the undersigned, such
resolutions adopted at any shareholders’ meeting of Yinse and any other
documents pertinent to the exercise of any of the rights of the undersigned
in
its capacity as a shareholder of Yinse that requires its execution.
The
term
of this Authorization Agreement is ten (10) years commencing from the execution
date of this Authorization Agreement unless the earlier termination of the
Exclusive Technical, Operational, Business Consulting and Services Agreement
executed by Legend Media (Beijing) Consulting Co., Ltd. ,
Yinse,
Xxx Xxx
and
myself for any reason.
This
Authorization Agreement is executed in both English and Chinese, with equal
validity and legal effect. In the event of any discrepancy between the English
and Chinese versions, the English version shall prevail.
Ju
Baochun
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|
/s/
Ju
Baochun
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Date:
May 30, 2008
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