Ex. 10.30
ACKNOWLEDGEMENT LETTER FOR PARTICIPATION OF CALL OPTION AGREEMENT
SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD., (registered address: F Room 0000,
Xx. 0000, Xxxxxxxxx Xxxx, Xxxxxxxxx Xxxxxxxx, Xxxxxxxx) (hereinafter the
"PARTICIPANT SHAREHOLDER"), and FUZHOU FUKESI ADVERTISEMENT CO., LTD.
(registered address: 00 Xxxxx, Xxxxxxxx Xxxxxx Xxxxxx, 000 Xxxxxxxx Xxxx Xx.
Fuzhou) (hereinafter the "NEW TARGET COMPANY"), as independent party, hereby
agree to participate in the Call Option Agreement among FOCUS MEDIA TECHNOLOGY
(SHANGHAI) CO., LTD., SHANGHAI FOCUS MEDIA ADVERTISEMENT CO., LTD. and other
relevant parties (hereinafter, "CALL OPTION AGREEMENT") dated March 28 2005. The
Participant Shareholder hereby grant Focus Media Technology with an irrevocable
equity Call Option (hereinafter "CALL OPTION") in respect to 70% of the equity
share of New Target Company held by this company. Once this Acknowledgement
Letter is executed by this company, the New Target Company and the newly
increase equity share begin to be the "Target Company" and "Option Equity"
defined under the Call Option Agreement (hereinafter the "CALL OPTION
AGREEMENT") entered into between this company, Focus Media Technology and other
relevant parties dated March 28 2005; and this company immediately make the same
representations and warranties in respect to the New Target Company and relevant
equity Call Option as this company made under the Call Option Agreement in
respect to the defined Target Company and Call Option and undertake the same
obligations therein.
SHANGHAI FOCUS MEDIA ADVERTISEMENT CO.,
LTD.
(Company chop)
Signature by: /s/ Xxxxx Xxxxxxx Xxxxx
--------------------------
Name: Xxxxx Xxxxxxx Xxxxx
Position: Legal Representative
Date: January 13, 2006
FUZHOU FUKESI ADVERTISEMENT CO., LTD.
(Company chop)
Signature by: /s/ Xxxxx Xxxxxxx Xxxxx
--------------------------
Name: Xxxxx Xxxxxxx Xxxxx
Position: Legal Representative
Date: January 13, 2006
FOCUS MEDIA TECHNOLOGY (SHANGHAI) CO.,
LTD.
(Company chop)
Signature by: /s/ Xxxxx Xxxxxxx Xxxxx
--------------------------
Name: Xxxxx Xxxxxxx Xxxxx
Position: Legal Representative
Date: January 13, 2006
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