EXHIBIT 10.69
Shareholders' Voting Rights Proxy Agreement
Dongguan Focus Media-Acknowledgement Letter for Participation
ACKNOWLEDGEMENT LETTER FOR PARTICIPATION OF
SHAREHOLDERS' VOTING RIGHTS PROXY AGREEMENT
SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD. (registered address: Room
0000X, Xx. 0000, Xxxxxxxxx Xxxx, Xxxxxxxxx Xxxxxxxx, Xxxxxxxx), XXXXXXXX FOCUS
MEDIA ADVERTISING AGENCY CO., LTD., (registered address: Room A65, 00
Xxxxx, Xx.000, Xxxxxxx Xxxx, Xxxxxxxxx Xxxxxxxx, Xxxxxxxx) (hereinafter the
"PARTICIPATING SHAREHOLDERS" collectively), and DONGGUAN FOCUS MEDIA
ADVERTISEMENT CO., LTD. (registered address: Floor 0, Xxxxxxx Xxxxxx
Xxxxxxxxxx Xxxxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxxx) (hereinafter the "PARTICIPATING
TARGET COMPANY"), as independent party, hereby agree to participate in the
Shareholders' Voting Rights Proxy Agreement among Focus Media Technology
(Shanghai) Co., Ltd. (hereinafter "FOCUS MEDIA TECHNOLOGY"), Shanghai Focus
Media Advertisement Co., Ltd. and other relevant parties (hereinafter "PROXY
AGREEMENT") dated March 28 2005. Participating Shareholders and Participating
Target Company agree to entrust the Trustees designated by Focus Media
Technology to exercise the voting rights in Participating Target Company in
respect of 100% of the equity interest in the registered capital of
Participating Target Company held by the Participating Shareholder as of the
date of the Acknowledgement Letter, on behalf of Participating Shareholder.
Once this Acknowledgement Letter is executed by the Participating
Shareholder and Participated Target Company, Participating Shareholder and
Participated Target Company shall be deemed to have made the same undertakings
and warranties with those of the Shareholders and Target Companies under the
Proxy Agreement (to the extent that is related and applicable to Participating
Shareholder and Participated Target Company), agreed to respectively perform the
obligations of the Shareholders and Target Companies stipulated in the Proxy
Agreement (to the extent that is related and applicable to Participating
Shareholder and Participated Target Company), and
Shareholders' Voting Rights Proxy Agreement
Dongguan Focus Media-Acknowledgement Letter for Participation
acknowledged the rights and obligations of the Parties under the Proxy
Agreement.
[EXECUTION PAGE]
SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)
Sign: /s/ Xxxxx Xxxxxxx Xxxxx
---------------------------
Name: Xxxxx Xxxxxxx Xxxxx
Position: Authorized Representative
Date: May 22, 2006
SHANGHAI FOCUS MEDIA ADVERTISING AGENCY CO., LTD.
(CHOP)
Sign: /s/ Xxxxx Xxxxxxx Xxxxx
---------------------------
Name: Xxxxx Xxxxxxx Xxxxx
Position: Authorized Representative
Date: May 22, 2006
DONGGUAN FOCUS MEDIA ADVERTISEMENT CO., LTD.
(CHOP)
Sign: /s/ Xxxxx Xxxxxxx Xxxxx
---------------------------
Name: Xxxxx Xxxxxxx Xxxxx
Position: Authorized Representative
Date: May 22, 2006
FOCUS MEDIA TECHNOLOGY (SHANGHAI) CO., LTD.
(CHOP)
Sign: /s/ Xxxxx Xxxxxxx Xxxxx
---------------------------
Name: Xxxxx Xxxxxxx Xxxxx
Position: Authorized Representative
Date: May 22, 2006
