Translated from the original Chinese version] FRAMWORK AGREEMENT ON EXERCISING PURCHASE OPTION among YANG YANG ZHENFEI FAN and ZHIWEI ZHAO JUN WANG and GUANGZHOU BOXIN INVESTMENT ADVISORY CO., LTD. FORTUNE SOFTWARE (BEIJING) CO., LTD. OCTOBER, 2009...
Exhibit 4.43
[Translated from the original Chinese version]
FRAMWORK AGREEMENT ON EXERCISING PURCHASE OPTION
among
XXXX
XXXX
ZHENFEI FAN
ZHENFEI FAN
and
XXXXXX
XXXX
XXX XXXX
XXX XXXX
and
GUANGZHOU BOXIN INVESTMENT ADVISORY CO., LTD.
FORTUNE SOFTWARE (BEIJING) CO., LTD.
FORTUNE SOFTWARE (BEIJING) CO., LTD.
OCTOBER,
2009
BEIJING, CHINA
BEIJING, CHINA
The framework agreement is entered into as of the date of October 15, 2009 in Beijing, People’s
Republic of China (the “PRC”) by and among the following parties:
Party A: Xxxx Xxxx
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 11010219820521154X
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 11010219820521154X
Party B: Zhenfei Fan
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 370282197711186915
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 370282197711186915
Party C: Xxxxxx Xxxx
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 110102196307100139
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 110102196307100139
Party D: Xxx Xxxx
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 370102197012163311
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 370102197012163311
Party E: Guangzhou Boxin Investment Advisory Co., Ltd.
Register Address: Xxxx 000, 0/X, Xx. 000 Tianhebeilu, Tianhe District, Guangzhou
Register Address: Xxxx 000, 0/X, Xx. 000 Tianhebeilu, Tianhe District, Guangzhou
Party F: Fortune Software (Beijing) Co., Ltd.
Address: Xxxx 000, Xxxxxxx Xxxxxxxxx XXXXXX Xxxxxxxx, Xx.00 Haidian South Road, Beijing
Address: Xxxx 000, Xxxxxxx Xxxxxxxxx XXXXXX Xxxxxxxx, Xx.00 Haidian South Road, Beijing
Whereas:
1. | Party A and Party B are current shareholders of Party E and each holding 55% and 45% shares
in Party E respectively; |
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2. | Party F is a limited liability company duly organized and validly existing under the laws of
the People’s Republic of China, and provide technical support, strategic consultation and
other relevant services to Party E; |
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3. | To finance the investment by Party A and Party B in Party E, Party F has entered into Loan
Agreements (“Loan Agreement”) with Party A and Party B respectively on January 21, 2009,
providing Party A and Party B with loans of RMB 2,200,000 and RMB 1,800,000, respectively.
Pursuant to the Loan Agreement, Party A and Party B has invested the full amount of the loans
in Party E’s registered capital; |
|
4. | As the consideration for the loans provided by Party F to Party A and Party B, Party A and
Party B entered into a Purchase Option and Cooperation Agreement (“Purchase Option Agreement”)
with Party E and Party F on January 21, 2009, granting Party F the exclusive option to
purchase all or part of shares/assets in
Party E holding by both parties or either party of Party A and Party B at any time, in
accordance with China laws; |
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5. | Party F is intended to exercise the purchase option to purchase entire shares in Party E
holding by Party A in accordance with the Purchase Option Agreement, and designates Party C
and Party D as the subjects to exercise the aforesaid purchase option. |
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Therefore, in accordance with the principle of sincere cooperation, mutual benefit and joint
development, through friendly negotiation, the Parties hereby enter into the following agreements:
1. | Exercise of the Purchase Option |
1.1. | Party F hereby authorizes Party C Party D in accordance with the purchase option
granted to Party C and Party D under Article 2.1 of the Purchase Option Agreement, and
Party C and Party D agree to accept the aforesaid authorization, on behalf of Party F, to
purchase entire shares in Party E holding by Party A and Party B in accordance with the
conditions stipulated in the Purchase Option Agreement. |
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1.2. | In accordance with Article 3 under the Purchase Option Agreement, the purchase price
of entire shares in Party E holding by Party A and Party B, purchased by Party C and Party
D in accordance with Party F’s authorization, shall be the sum of the loan principal lent
by Party F to Party A and Party B, which is equivalent to RMB 4,000,000. (“Purchase
Price”). |
2. | Share Transfer |
2.1. | Party A and Party B shall enter into Share Transfer Agreements (“Share Transfer
Agreement”) with Party C and Party D, in accordance with the content and form of Appendix
II hereto, within thirty (30) days after receiving exercise notice from Party E (“Appendix
I”), in accordance with Article 2.3 of the Purchase Option Agreement, and other documents
required to make change registrations at industrial and commerce authorities. |
3. | Loan Arrangements |
3.1. | The purchase price of entire shares in Party E holding by Party A and Party B,
purchased by Party C and Party D shall be contributed in full amount by Party F. However,
Party C and Party D shall enter into a loan agreement with Party F to the satisfaction of
Party F, in accordance with the content and form of Appendix III hereto. |
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3.2. | Party C and Party D agree and irrevocably instruct Party F to pay the aforesaid loan
provided to Party C and Party D, which used to purchase Party A and Party B’s shares,
directly to Party A and Party B, in accordance with the conditions and terms stated in the
frame agreement. |
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3.3. | Party A and Party B agree to contribute their entire income obtained from selling the
shares in Party E in accordance with the agreement, to perform its repayment obligations
to Party F under the Loan Agreement. The Loan Agreement among Party A, Party B and Party F
will be terminated when Party A and Party B pay off all the loans in accordance with
Article 4.2 hereof. |
4. | Payment and Obligation Set-off |
4.1. | In accordance with article 3.2 hereof, the parties agree the purchase price shall be
paid by Party F to Party A and Party B directly, at the day of share change registration
procedures at industrial and commerce authorities are completed, concerning entire shares
in Party E holding by Party A and Party B, purchased by Party C and Party D (“Registration
Day”). Whereas Party A and Party B shall pay off all the loans when Party F exercises the
purchase option, in accordance with article 3.1 of Loan Agreement, Party F agree the
aforesaid payment made by Party F to Party A and Party B will then be set off by the loan
principal which shall be paid by Party F to Party A and Party B under the Loan Agreement.
As the aforesaid set-off is completed, Party C and Party D are not required to make any
other payments to Party A and Party B for the purpose of paying for the purchase price,
and Party A and Party B are not required to make any other payments to Party F for the
purpose of repaying the loan. |
3
4.2. | Notwithstanding the foregoing agreement, when the set-off is completed, Party A shall
issue a receipt to Party C for all purchase price it received (“Party A’s receipt”, as
Appendix IV hereto), Party B shall issue a receipt to Party D for all purchase price it
received (“Party B’s receipt”, as Appendix IV hereto), and shall expressly acknowledge
Party C and Party D’s payment obligation under the Share Transfer Agreement has been
carried out. Party F shall issue immediately receipts to Party A and Party B for entire
loan principal it received (“Party F’s receipt”, as Appendix V hereto) after Party A and
Party B have issued the aforesaid Party A’s receipt and Party B’s receipt, and shall
expressly acknowledge Party A and Party B’s payment obligation under the Loan Agreement
has been carried out and the “Loan Agreement” entered into by and among Party A, Party B
and Party F has terminated upon the date of this Agreement. |
5. | Change of Purchase Option Agreement |
5.1. | The parties agree that, as one prerequisite to Party F’s contribution of purchase
price to Party C and Party D, Party C and Party D shall enter into a new purchase option
and cooperation agreement with Party E and Party F, in accordance with the content and
form stipulated in Appendix VI hereto, at the date of the execution of the Share Transfer
Agreement. |
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5.2. | Except as otherwise stated or agreed by the parties, all obligations of Party A and
Party B under the original Purchase Option Agreement and Proxy on the voting rights issued
to Party F will be terminated at the registration day. |
6. | Confidentiality |
Without prior approval of the parties, any party shall keep confidential the content of the
agreement, and shall not disclose to any other person the content of the agreement or make any
public disclosure of the content hereof. However, the article does not make any restrictions on (i)
any disclosure made in accordance with relevant laws or regulations of any stock exchange market;
(ii) any disclosed information which may be obtained through public channels, and is not caused so
by the defaulting of the disclosing party; (iii) any disclosure to shareholders, legal consultants,
accountants, financial consultants and other professional consultants of any parties; or (iv)
disclosure made to one party’s potential buyer of shares/assets, other investors, debt or share
financing providers, and the receiving party shall make proper confidentiality undertakings (in the
event that the transfer party is not Party F, the approval from Party F shall be obtained as well).
7. | Notification |
7.1. | Any notice, request, requirement and other correspondences required by the Agreement
or made in accordance with the Agreement, shall be made in written form and sent to the
addresses of the parties first above written herein. |
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7.2. | Notices hereunder shall be sent to the other party’s address and/or number, by ways
of personal delivery, prepaid registered airmail, acknowledged carrier or fax. Such
notices shall be deemed to have been effectively given on the following dates: (1) notices
delivered by person shall be deemed to have been effectively served on the date of
personal delivery; (2) notices sent by prepaid registered airmail shall be deemed to have
been effectively served on the seventh day after the day they were delivered for mailing
(as indicated by the postmark); (3) notices sent by courier service shall be deemed to
have been effectively served on the third day after they were delivered to an acknowledged
courier; (4) notices sent by facsimile shall be deemed to have been effectively served on
the first working day after being transmitted. |
8. | Dispute Resolution |
8.1. | Any dispute arises from the interpretation or performance of terms hereof by the
parties, shall be settled through friendly consultation. If the parties fail to make a
written agreement after consultation, the dispute shall be submitted for arbitration in
accordance with the agreement. The arbitration shall be final and exclusive. Unless
otherwise expressly stipulated herein, any party waives expressly its right to submit a
dispute to court for a legal action, and the waiver is irrevocable. |
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8.2. | The arbitration shall be submitted to China International Economic and Trade
Arbitration Committee (“Arbitration Committee”) to be arbitrated in accordance with
then-in-force arbitration rules. The place of arbitration shall be Beijing. Unless
otherwise stipulated in the arbitration award, the arbitration fee (including reasonable
attorney fees and expenses) shall be borne by the losing party. |
9. | Supplementary Provisions |
9.1. | The failure or delay of any party hereof to exercise any right hereunder shall not be
deemed as a waiver thereof, nor any single or partial exercise of any right preclude
further exercise thereof in future by the party. |
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9.2. | The headings of articles herein are provided for the purpose of index. Such headings
shall in no event be used or affected interpretations of the terms herein. |
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9.3. | The conclusion, effectiveness, interpretation of the agreement and the settlement of
disputes in connection therewith, shall be governed by laws of Hong Kong Special
Administration Region of the People’s Republic of China. |
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9.4. | Each party hereunder concludes the agreement with legal purpose. Each term hereof is
severable and independent from the others. If at any time one or more of such terms is or
becomes invalid, illegal or unenforceable, the validity, legality and enforceability of
the remaining terms hereof shall not in any way be affected thereby; and the parties shall
make every endeavor to negotiate and arrive at new terms to substitute the invalid,
illegal and unenforceable terms, and preserve as near as possible business purposes of
the original terms. |
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9.5. | Upon the effectiveness of the agreement, the parties shall fully perform the
agreement. Any modifications of the agreement shall only be effective in written form,
through consultations of the parties, and obtained necessary authorization and approval by
Party D and Party E respectively. |
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9.6. | Matters not covered in the agreement shall be dealt with in a supplementary
agreement, and annexed hereto. The supplementary agreement shall have the same legal force
as the agreement. |
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9.7. | The agreement is executed in six original copies, which are equally authentic. Each
party hereto shall hold one copy. |
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9.8. | The agreement shall be effective upon execution. |
(The reminder of this page is intentionally left blank.)
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[Signature page, no body text]
The Frame Agreement is executed by the following parties:
Xxxxxx Xxxx
(signature): /s/
(signature): /s/
Xxx Xxxx
(signature): /s/
(signature): /s/
Xxxx Xxxx
(signature): /s/
(signature): /s/
Zhenfei Fan
(signature): /s/
(signature): /s/
Guangzhou Boxin Investment Advisory Co., Ltd.
Seal: /s/
Authorized Representative (signature):
Seal: /s/
Authorized Representative (signature):
Fortune Software (Beijing) Co., Ltd.
Seal: /s/
Authorized Representative (signature):
Seal: /s/
Authorized Representative (signature):
6
Appendix I Option Exercise Notice
Option Exercise Notice
To: Xxxx Xxxx/Zhenfei Fan
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
Date: October 15, 2009
Dear Xxxx Xxxx/Zhenfei Fan
As per the Purchase Option and Cooperation Agreement entered into on January 21, 2009 among us and
others, we hereby designate Xx. Xxxxxx Xxxx (ID Number: 000000000000000000) and Mr. Xxx Xxxx (ID
Number: 000000000000000000) to acquire all of the equity interests of Guangzhou Boxin Investment
Advisory Co., Ltd. which accounting for 100% equity interests owned by you. Please carry out all
necessary procedures to complete the transfer of shares within [30] days of this Notice.
Yours truly,
(Seal) |
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Appendix II Share Transfer Agreement
Share Transfer Agreement
Party A (Transferor): Xxxx Xxxx
Party B (Transferee): Xxxxxx Xxxx
In accordance with the civil principle of friendly negotiation and equality, the Parties hereby
enter into the following agreements regarding the change of shareholders of the Company pursuant to
the Articles of Association of the Company:
1. The shareholder Xxxx Xxxx transfers its contribution of RMB 2,777,500 to the Company held by
Xxxx Xxxx to Xxxxxx Xxxx. The credits and debts shall be conferred accordingly.
2. Upon transfer of the aforesaid amount, Xxxx Xxxx quits Guangzhou Boxin Investment Advisory Co.,
Ltd. She is not entitled to shareholder’s rights and undertakes no shareholder’s obligation; Xxxxxx
Xxxx is hereby entitled to such rights and undertakes obligations in accordance with the Articles
of Association.
3. The Agreement shall be effective upon execution. The Agreement is executed in three original
copies. Each party hereto shall hold one copy with the remaining one copy filing at the
Administration of Industry and Commerce authorities.
Party A (signature): Party B (signature):
Year Month Date
8
Share Transfer Agreement
Party A (Transferor): Zhenfei Fan
Party B (Transferee): Xxx Xxxx
In accordance with the civil principle of friendly negotiation and equality, the Parties hereby
enter into the following agreements regarding the change of shareholders of the Company pursuant to
the Articles of Association of the Company:
1. The shareholder Zhenfei Fan transfers its contribution of RMB 2,272,500 to the Company held by
Zhenfei Fan to Xxx Xxxx. The credits and debts shall be conferred accordingly.
2. Upon transfer of the aforesaid amount, Zhenfei Fan quits Guangzhou Boxin Investment and Advisory
Co., Ltd. He is not entitled to shareholder’s rights and undertakes no shareholder’s obligation;
Xxx Xxxx is hereby entitled to such rights and undertakes obligations in accordance with the
Articles of Association.
3. The Agreement shall be effective upon execution. The Agreement is executed in three original
copies. Each party hereto shall hold one copy with the remaining one copy filing with the
Administration of Industry and Commerce authorities.
Party A (signature): Party B (signature):
Year Month Date
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Framework Agreement
Exhibit III: Loan Agreement and Receipts for the Loan
LOAN AGREEMENT
The Loan Agreement (the “Agreement”) is entered into as of October 15, 2009 among the following
parties in Beijing, the People’s Republic of China (the “PRC”):
PARTY A: FORTUNE SOFTWARE (BEIJING) CO., LTD. (“LENDER”)
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
Legal representative: Xxxxxx Xxxx
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
Legal representative: Xxxxxx Xxxx
PARTY B: XXXXXX XXXX
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 110102196307100139
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 110102196307100139
PARTY C: XXX XXXX
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 370102197012163311
Address: 9/F., Tower C, Corporate Square, Xx.00 Xxxxxxxxx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
ID No.: 370102197012163311
(Party B and Party C will collectively be referred to as “Borrowers”)
Party A, Party B and Party C will each be referred to as a “Party” and collectively referred to as
the “Parties.”
WHEREAS,
1. The Lender is a wholly foreign owned enterprise duly organized and validly existing under the
laws of the PRC.
2. The Borrowers desire to acquire 100% equity interest in Guangzhou Boxin Investment Advisory Co.,
Ltd. in the PRC (“Company”). The Borrowers desire to borrow loans from the Lender to acquire 100%
equity interest in the Company, and the Lender agrees to provide such loans to Borrowers.
THEREFORE, in accordance with the principle of sincere cooperation, mutual benefit and joint
development, through friendly negotiation, the Parties hereby enter into the following agreements
pursuant to relevant PRC laws and regulations.
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Framework Agreement
ARTICLE 1 AMOUNT AND PURPOSE
1.1 Loan Amount: the Lender agrees to provide a loan with the amount of RMB 220,000 from its
self-owned fund to Party B and provide a loan with the amount of RMB 180,000 from its self-owned
fund to Party C.
1.2 Purpose of the Loan: the Borrowers shall only use the Loan hereunder to acquire 100% equity
interest in the Company as registered capital. Without the prior written consent of the Lender, the
Borrowers shall not use such Loan for any other purpose, or pledge their equity interests in the
New Company to any other third party.
ARTICLE 2 PAYMENT FOR THE LOAN
2.1 Payment Notice: the Lender shall deposit the loan amount to the following accounts designated
by the Borrowers within ten days after the execution of this Agreement:
ARTICLE 3 TERM, REPAYMENT AND INTEREST OF THE LOAN
3.1 The term of the loan shall be 10 years and may be renewed pursuant to the agreement between the
Parties (“Term”). Notwithstanding the foregoing, in the following circumstances, the Borrowers
shall repay the Loan regardless if the Term has expired:
(1) The Borrowers decease or become a person without legal capacity or with limited legal
capacity;
(2) The Borrowers commit a crime or are involved in a criminal act; or
(3) The Lender or its designated assignee can legally purchase the Borrowers’ shares in the
New Company under the PRC law and the Lender chooses to do so.
3.2 The Borrowers can repay the Loan by transferring all of their equity interests in the New
Company to the Lender or a third party designated by the Lender when such transfer is permitted
under the PRC law. In the event (1) the Borrowers transfer all of their equity interests in the New
Company to the Lender or a third party designated by the Lender when such transfer is permitted
under the PRC law, or (2) the Borrowers receive dividends from the New Company, the Borrowers shall
deposit all the funds or dividends obtained from such transfer or the New Company, as the case may
be, to the account designated by the Lender (no matter such amount is higher or less than the
principal amount of the Loan).
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Framework Agreement
3.3 The Lender and the Borrowers hereby jointly agree and confirm that the Lender, has the right
to, but has no obligation to, purchase or designate a third party (legal person or natural person)
to purchase all or part of Borrower’s interest in the New Company at a price equal to the amount of
the Loan when such purchase is allowed under the PRC law. If Lender or the third party assignee
designated by Lender only purchases part of Borrower’s interest in the New Company, the purchase
price shall be reduced on a pro rata basis.
3.4 In the event when the Borrowers transfer their interest in the New Company to the Lender or a
third party transferee designated by Lender, (i) if the total of (1) the actual transfer price paid
by Lender or the third party transferee and (2) the dividends obtained from the New Company by the
Lender (if applicable) equals or is less than the principal amount of the Loan, the Loan shall be
deemed as interest free; (ii) if the total of (1) the actual transfer price paid by Lender or the
third party transferee and (2) the dividends obtained from the New Company by the Lender (if
applicable) is higher than the principal amount of the Loan, the amount exceeding the principal
amount of the Loan shall be deemed as an interest accrued on the Loan and paid by Borrowers to
Lender in full.
ARTICLE 4 CONFIDENTIALITY
4.1 The Parties acknowledge and confirm that any oral or written materials concerning this
Agreement exchanged between them are confidential information. The Parties shall protect and
maintain the confidentiality of all such confidential data and information and shall not disclose
to any third party without the other party’s written consent, except (a) the data or information
that was in the public domain or later becomes published or generally known to the public, provided
that it is not released by the receiving party, (b) the data or information that shall be disclosed
pursuant to applicable laws or regulations, and (c) the data or information that shall be disclosed
to One Party’s legal counsel or financial counsel who shall also bear the obligation of maintaining
the confidentiality similar to the obligations hereof. The undue disclosing of the confidential
data or information of One Party’s legal counsel or financial counsel shall be deemed the undue
disclosing of such party who shall take on the liability of breach of this Agreement.
ARTICLE 5 DISPUTE RESOLUTION
5.1 The execution, validity, interpretation, performance, implementation, termination and
settlement of disputes of this Agreement shall be governed by the laws of the PRC.
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Framework Agreement
5.2 Any dispute arising from or in connection with this Agreement shall be settled through friendly
negotiation. If the parties fail to make any written agreement within thirty days after
consultation, such dispute will be submitted (by the Lender or the Borrowers) to the China
International Economic and Trade Arbitration Commission (“CIETAC”) in accordance with its
arbitration rules/procedures. The arbitration shall commence from the date of filing. The tribunal
will be composed of one (1) arbitrator appointed by the chairman of CIETAC. The arbitration shall
be final and bind the Parties. Unless otherwise stipulated by the arbitrator, the arbitration fee
(including reasonable attorney fees and attorney expenses) shall be borne by the losing party.
ARTICLE 6 EFFECTIVENESS
6.1 This Agreement shall become effective after the execution of the Parties. The Agreement can be
terminated by one Party through sending a written notice to the other Parties thirty days prior to
the termination. Otherwise any Party shall not terminate this Agreement unilaterally without the
mutual agreement of the Parties.
ARTICLE 7 AMENDMENT
7.1 Upon the effectiveness of the agreement, the parties shall fully perform the agreement. Any
modifications of the agreement shall only be effective in written form through consultations of the
parties. Any modification and supplementary to this Agreement after signed by both Parties, become
an integral part of this Agreement, and has the same legal force with this Agreement.
ARTICLE 8 MISCELLANEOUS
8.1 The headings of articles herein are provided for the purpose of reference. Such headings shall
in no event be used or affected interpretations of the terms herein.
8.2 Matters not covered in the agreement shall be dealt with in a supplementary agreement, and
annexed hereto. The supplementary agreement shall be an integral part of this Agreement and have
the same legal force as the agreement.
8.3 Any provision of this Agreement that is invalid or unenforceable shall not affect the validity
and enforceability of any other provisions hereof.
8.4 The agreement is executed in three original copies with same legal effect. Each party hereto
shall hold one copy.
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Framework Agreement
IN WITNESS WHEREOF, the Parties have duly executed this Agreement as of the date and year first
hereinabove set forth.
Party A:
FORTUNE SOFTWARE (BEIJING) CO., LTD (seal)
Authorized Representative (signature):
Party
B: XXXXXX XXXX
(signature)
PARTY C: XXX XXXX
(signature)
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Framework Agreement
RECEIPT
Date: October 15, 2009
According to the Loan Agreement entered into between Fortune Software (Beijing) Co., Ltd. and I on
October 15, 2009, I have received all of the loan. The obligation of payment of Fortune Software
(Beijing)
Co., Ltd. under the Loan Agreement has been fully fulfilled.
Xxx Xxxx (signature):
ID No.: 370102197012163311
ID No.: 370102197012163311
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Framework Agreement
RECEIPT
Date: October 15, 2009
According to the Loan Agreement entered into between Fortune Software (Beijing) Co., Ltd. and I on
October 15, 2009, I have received all of the loan. The obligation of payment of Fortune Software
(Beijing) Co., Ltd. under the Loan Agreement has been fully fulfilled.
Xxxxxx Xxxx (signature)
ID No.: 110102196307100139
ID No.: 110102196307100139
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Framework Agreement
Exhibit IV: Receipts for all of the prices for the transferred shares from Party A and Party B
Receipt
To: Xxx Xxxx
Date: October 15, 2009
Date: October 15, 2009
According to the Share Transfer Agreement entered into among Xxxx Xxxx, Xxxxxx Xxxx, Xxx Xxxx and I
on October 15, 2009, I have received all of the prices for the transferred shares. The obligation
of payment of Xxx Xxxx under the Loan Agreement has been fully fulfilled.
ID No.: 370282197711186915 |
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Framework Agreement
Receipt
To: Xxxxxx Xxxx
Date: October 15, 2009
Date: October 15, 2009
According to the Share Transfer Agreement entered into among Zhenfei Fan, Xxxxxx Xxxx, Xxx Xxxx and
I on October 15, 2009, I have received all of the prices for the transferred shares. The obligation
of payment of Xxxxxx Xxxx under the Loan Agreement has been fully fulfilled.
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Framework Agreement
Exhibit V: Receipts for Loans from Party F
Receipt
Date: October 15, 2009
According to the Loan Agreement entered into among Xxxx Xxxx, Zhenfei Fan and Fortune Software
(Beijing) Co., Ltd. (“Our Company”) on January 21, 2009, Our Company has been repaid all amount of
the loan, and the Loan Agreement is hereby terminated. The obligation of payment of Xxxx Xxxx and
Zhenfei Fan under the Loan Agreement has been fully fulfilled.
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