0001145549-08-000337 Sample Contracts

RESTRICTED STOCK ISSUANCE AND ALLOCATION AGREEMENT 2007 EQUITY INCENTIVE PLAN
Restricted Stock Issuance and Allocation Agreement • February 15th, 2008 • C&F International Holdings LTD • Services-business services, nec • Hong Kong

THIS RESTRICTED STOCK ISSUANCE AND ALLOCATION AGREEMENT (this “Agreement”) is entered into as of July 2, 2007 (the “Grant Date”) by and between Fenghua International Limited, a company incorporated in the British Virgin Islands (“BVI Company A”), C&F International Holdings Limited, a company incorporated in the British Virgin Islands (“BVI Company B”), China Finance Online Co. Ltd., a company incorporated in the Hong Kong Special Administrative Region, People’s Republic of China (“China Finance”) and Zhiwei Zhao, the chief executive officer of China Finance who represents the employees of China Finance who are eligible for the 2007 Equity Incentive Plan (each an “Employee,” and collectively, the “Employees”).

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