0001193125-08-035779 Sample Contracts

Translation] Share Subscription Agreement
Share Subscription Agreement • February 22nd, 2008 • GungHo Online Entertainment, Inc. • Services-business services, nec

GungHo Online Entertainment, Inc. (“GOE”) enters into this agreement (this “Agreement”) as follows with Heartis Inc. (“Heartis”) regarding subscription of 24,308 shares of common stock outlined in Schedule 1 to be newly issued based on the resolution at the board of directors held on February 14, 2008 by way of third party allotment.

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