SERIES C CONVERTIBLE PREFERRED SHARES PURCHASE AGREEMENT Dated as of July 12, 2010 between THE INVESTORS LISTED ON SCHEDULE 1 and XINHUA SPORTS & ENTERTAINMENT LIMITEDSeries C Convertible Preferred Shares Purchase Agreement • July 15th, 2010 • XINHUA SPORTS & ENTERTAINMENT LTD • Communications services, nec • New York
Contract Type FiledJuly 15th, 2010 Company Industry JurisdictionTHIS SERIES C CONVERTIBLE PREFERRED SHARES PURCHASE AGREEMENT, dated as of July 12, 2010, is by and between the Investors listed on Schedule 1 hereto (the “Investors”), and XINHUA SPORTS & ENTERTAINMENT LIMITED (formerly known as Xinhua Finance Media Limited), a company organized under the laws of the Cayman Islands (the “Company” and together with the Investors, the “Parties”) (this “Agreement”).