WATCHDATA TECHNOLOGIES LTD. AND JPMORGAN CHASE BANK, N.A. As Depositary AND HOLDERS OF AMERICAN DEPOSITARY RECEIPTS Deposit Agreement Dated as of [DATE] , 2005Deposit Agreement • December 23rd, 2004 • Watchdata Technologies Ltd. • Services-prepackaged software • New York
DEPOSIT AGREEMENT dated as of [DATE] , 2005 (the "Deposit Agreement") among WATCHDATA TECHNOLOGIES LTD. and its successors (the "Company"), JPMORGAN CHASE BANK, N.A., as depositary hereunder (the "Depositary"), and all holders from time to time of American Depositary Receipts issued hereunder ("ADRs") evidencing American Depositary Shares ("ADSs") representing deposited Shares (defined below). The parties hereto agree as follows:
