GDS Holdings LTD Sample Contracts

GDS Holdings Limited 11,940,299 American Depositary Shares Representing 95,522,392 Class A Ordinary Shares Underwriting Agreement
Underwriting Agreement • March 19th, 2019 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York

GDS Holdings Limited, an exempted company incorporated in the Cayman Islands (the “Company”), proposes to issue and sell to the several underwriters listed in Schedule 1 hereto (the “Underwriters”), for whom you are acting as representatives (the “Representatives”), an aggregate of 11,940,299 American Depositary Shares (the “ADSs”), each representing eight Class A ordinary shares, par value $0.00005 per share (the “ Ordinary Shares”), of the Company (the “Underwritten Shares”). In addition, the Company proposes to issue and sell, at the option of the Underwriters, up to an additional 1,791,044 ADSs of the Company (the “Option Shares”). The Underwritten Shares and the Option Shares are herein referred to as the “Shares.”

GDS HOLDINGS LIMITED and The Bank of New York Mellon as Trustee INDENTURE Dated as of June 5, 2018 US$300,000,000 2.00% CONVERTIBLE SENIOR NOTES DUE 2025
Indenture • March 13th, 2019 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York

INDENTURE dated as of June 5, 2018, between GDS Holdings Limited, a Cayman Islands exempted company, as issuer (the “Company”, as more fully set forth in Section 1.01) and The Bank of New York Mellon, a national banking association, as trustee (the “Trustee”, as more fully set forth in Section 1.01).

FORM INDEMNIFICATION AGREEMENT
Indemnification Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc. • Hong Kong

THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made as of , by and between GDS Holdings Limited, a Cayman Islands company (the “Company”), and (the “Indemnitee”), [a director/an executive officer] of the Company.

with regards to Shanghai Xinwan Enterprise Management Co., Ltd. Equity Pledge Agreement
Equity Pledge Agreement • April 4th, 2023 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Equity Pledge Agreement (the “Agreement”) is entered into by and between the following parties on August 1, 2022 in Shanghai, PRC:

GDS HOLDINGS LIMITED 152,000,000 Class A Ordinary Shares (par value US$0.00005 per Share) INTERNATIONAL UNDERWRITING AGREEMENT
International Underwriting Agreement • October 27th, 2020 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York

Each as an International Underwriter (as defined below), and the other International Underwriters (as defined below) listed in Schedule I-B hereto

Zhang Kejing Shanghai Xinwan Enterprise Management Co., Ltd. and GDS (Shanghai) Investment Co., Ltd. with regards to Shanghai Xinwan Enterprise Management Co., Ltd. Exclusive Call Option Agreement Date: August 1, 2022
Exclusive Call Option Agreement • April 4th, 2023 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Exclusive Call Option Agreement (the “Agreement”) is entered into by and among the following parties on August 1, 2022 in Shanghai, China:

GDS HOLDINGS LIMITED and The Bank of New York Mellon, London Branch as Trustee INDENTURE Dated as of [●], 2022
Indenture • February 22nd, 2022 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York

INDENTURE dated as of [_], 2022, between GDS Holdings Limited, an exempted company incorporated under the laws of the Cayman Islands, as issuer (the “Company”, as more fully set forth in Section 1.01 (Definitions)) and The Bank of New York Mellon, London Branch, a banking corporation organized under the laws of the State of New York with limited liability and operating through its branch in London at One Canada Square, London E14 5AL, United Kingdom, as trustee (the “Trustee”, as more fully set forth in Section 1.01 (Definitions)).

GDS (Shanghai) Investment Co., Ltd. Shanghai Xinwan Enterprise Management Co., Ltd.
Voting Proxy Agreement • April 17th, 2020 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Voting Proxy Agreement ("this Agreement”) is entered into on December 16, 2019 in Shanghai, the People’s Republic of China ("China”) by and between:

Loan Agreement
Loan Agreement • April 17th, 2020 • GDS Holdings LTD • Services-computer programming, data processing, etc.
Ladies and gentlemen, Subject: Amendment No. 1 to Investor Rights Agreement
Investor Rights Agreement • February 3rd, 2021 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York

THIS INVESTOR RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of June 26, 2020 by and among GDS Holdings Limited, a company incorporated under the laws of the Cayman Islands (the “Company”), Gaoling Fund, L.P., an exempted limited partnership organized under the laws of the Cayman Islands (“Gaoling”) and YHG Investment, L.P., an exempted limited partnership organized under the laws of the Cayman Islands (together with Gaoling, “Investor”).

Equity Interest Pledge Agreement concerning Beijing Wanguo Chang’an Science & Technology Co., Ltd.
Equity Interest Pledge Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Equity Interest Pledge Agreement (the “Agreement”) is entered into by and between the following parties on April 13, 2016 in Shanghai, PRC:

GDS HOLDINGS LIMITED SIXTH AMENDED AND RESTATED MEMBERS AGREEMENT
Members Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc. • Hong Kong

This Sixth Amended and Restated Members Agreement (the “Agreement”) is made as of May 19, 2016 by and among GDS Holdings Limited, a company organized and existing under the laws of the Cayman Islands (the “Company”) and the shareholders of the Company (which shall comprise of the Series A Shareholders, Series B Shareholders, the Series A* Shareholders, the Series B1 Shareholders, the Series B2 Shareholders, the Series B4 Shareholder, the Series B5 Shareholder, the Key Founders, the Series C Shareholder and the Other Shareholders) (each as defined below).

RIGHT OF FIRST REFUSAL AND CO-SALE AGREEMENT
Right of First Refusal and Co-Sale Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc. • Hong Kong

This Sixth Amended and Restated Right of First Refusal and Co-Sale Agreement (this “Agreement”) is made as of May 19, 2016 by and among GDS Holdings Limited, an exempted company organized and existing under the laws of the Cayman Islands (the “Company”), the entities as listed on Exhibit A attached hereto (the “Series A Shareholders”), the entities listed on Exhibit A-1 attached hereto (the “Series B Shareholders”), the entities listed on Exhibit A-2 attached hereto (the “Series A* Shareholders”), the entities listed on Exhibit A-3 attached hereto (the “Series B1 Shareholders”), the entities listed on Exhibit A-3 attached hereto (the “Series B2 Shareholders”), the entity listed on Exhibit A-3 attached hereto (the “Series B4 Shareholder”), the entity listed on Exhibit A-3 attached hereto (the “Series B5 Shareholder”), the entity listed on Exhibit A-4 attached hereto (the “Series C Shareholder”), the individuals and entities listed on Exhibit B attached hereto (each a “Key Founder” and c

FACILITY AGREEMENT
Facility Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.
SIXTH AMENDED AND RESTATED VOTING AGREEMENT
Voting Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc. • Hong Kong

This Sixth Amended and Restated Voting Agreement (this “Agreement”) is made and entered into as of the May 19, 2016, by and among GDS Holdings Limited, a company organized and existing under the laws of the Cayman Islands (the “Company”), each of the persons and entities listed on Exhibit A attached hereto (the “Series A Shareholders”), each of the persons and entities listed on Exhibit A-1 attached hereto (the “Series B Shareholders”), each of the persons and entities as listed on Exhibit A-2 attached hereto (the “Series A* Shareholders”), each of the persons and the entities listed on Exhibit A-3 attached hereto (the “Series B1 Shareholders”), each of the persons and the entities listed on Exhibit A-3 attached hereto (the “Series B2 Shareholders”), the entity listed on Exhibit A-3 attached hereto (the “Series B4 Shareholder”), and the entity listed on Exhibit A-3 attached hereto (the “Series B5 Shareholder”), and the entity listed on Exhibit A-4 attached hereto (the “Series C Shareho

Intellectual Property Rights License Agreement
Intellectual Property Rights License Agreement • April 17th, 2020 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Intellectual Property Rights License Agreement (the “Agreement”) is entered into on December 16, 2019 in Shanghai, People’s Republic of China (“PRC”) by and between:

Exclusive Technology License and Service Agreement
Exclusive Technology License and Service Agreement • April 17th, 2020 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Exclusive Technology License and Service Agreement (hereinafter, “this Agreement”) is entered into by and between the following parties on December 16, 2019 in Shanghai, China:

NOTE PURCHASE AGREEMENT dated as of January 11, 2023 by and among GDS Holdings Limited and The Persons Listed in Schedule 1 4.50% Convertible Senior Notes due 2030
Note Purchase Agreement • January 31st, 2023 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York

THIS NOTE PURCHASE AGREEMENT, dated as of January 11, 2023 (this “Agreement”), is made among GDS Holdings Limited, an exempted company incorporated under the laws of the Cayman Islands (the “Company”), and the persons listed on Schedule 1 hereto under the heading “Investor Name” (collectively referred to as the “Investors”, and individually, an “Investor”).

INVESTOR RIGHTS AGREEMENT
Investor Rights Agreement • February 3rd, 2021 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York

THIS INVESTOR RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of June 26, 2020 by and among GDS Holdings Limited, a company incorporated under the laws of the Cayman Islands (the “Company”), and STT GDC Pte. Ltd., a company organized under the laws of the Republic of Singapore (“Investor”).

SHARE SWAP AGREEMENT
Share Swap Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc. • Hong Kong

THIS SHARE SWAP AGREEMENT (this “Agreement”) is entered into by and among GDS Holdings Limited, a company organized under the laws of the Cayman Islands (“GDSS”), EDC Holding Limited, a company organized under the laws of the Cayman Islands (“GDSI”) and each of the entities, severally and not jointly, whose names are set forth on the Schedule of GDSI Shareholders attached hereto as Exhibit A (the “GDSI Shareholders”) dated as of June 12, 2014.

Exclusive Call Option Agreement Concerning Shanghai Shu’an Data Services Co., Ltd.
Exclusive Call Option Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Exclusive Call Option Agreement (the “Agreement”) is entered into by and between the following parties on April 13, 2016 in Shanghai, China :

Exclusive Call Option Agreement Concerning
Exclusive Call Option Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Exclusive Call Option Agreement (the “Agreement”) is entered into by and between the following parties on April 13, 2016 in Shanghai, China:

with regards to Langfang Shengman Technology Co., Ltd. Voting Proxy Agreement
Voting Proxy Agreement • April 29th, 2026 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Voting Proxy Agreement (the "Agreement”) is entered into on September 30, 2025 in Shanghai, the People’s Republic of China (“China”) by and among:

Loan Agreement
Loan Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.

Shanghai Free Trade Zone GDS Management Co., Ltd., a wholly foreign-owned enterprise duly incorporated under the laws of the People’s Republic of China, with registered address at Room 4056, 4th Floor, 173 Meisheng Road, China (Shanghai) Pilot Free Trade Zone, China (the “Lender”).

Shareholder Voting Rights Proxy Agreement Concerning Beijing Wanguo Chang’an Science & Technology Co., Ltd.
Shareholder Voting Rights Proxy Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Shareholder Rights Voting Proxy Agreement (“this Agreement”) is entered into on April 13, 2016 in the People’s Republic of China (“China”) by and between:

GDS Holdings Limited 5,200,000 American Depositary Shares Representing 41,600,000 Class A Ordinary Shares Underwriting Agreement
Underwriting Agreement • May 29th, 2025 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York
ADS LENDING AGREEMENT Dated as of May 27, 2025 Between GDS HOLDINGS LIMITED (“Lender”) (an exempted company incorporated under the laws of the Cayman Islands) and
Ads Lending Agreement • May 29th, 2025 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York

This Agreement sets forth the terms and conditions under which Borrower shall borrow from Lender American Depositary Shares (as defined below) representing Class A ordinary shares of Lender.

SHARE PURCHASE AGREEMENT dated as of October 18, 2017 by and among GDS HOLDINGS LIMITED, CHEETAH ASIA HOLDINGS LLC and CYRUSONE LLC
Share Purchase Agreement • October 24th, 2017 • GDS Holdings LTD • Services-computer programming, data processing, etc. • New York

THIS SHARE PURCHASE AGREEMENT, dated as of October 18, 2017 (this “Agreement”), is made between GDS Holdings Limited, a company incorporated under the laws of the Cayman Islands (the “Company”), Cheetah Asia Holdings LLC, a Delaware limited liability company (the “Investor”) and CyrusOne LLC, a Delaware limited liability company (“Guarantor”).

with regards to Langfang Shengman Technology Co., Ltd. Equity Pledge Agreement
Equity Pledge Agreement • April 29th, 2026 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Equity Pledge Agreement (the “Agreement”) is entered into by and between the following parties on September 30, 2025 in Shanghai, PRC:

Loan Agreement
Loan Agreement • April 17th, 2020 • GDS Holdings LTD • Services-computer programming, data processing, etc.

Agreement, the Original Borrowers have transferred all the equities of GDS Beijing to the Borrower, the Borrower is the existing shareholder of GDS Beijing, and the Parties agree to generally assign to the Borrower all the rights and obligations of the Original Borrowers under the Original Loan Agreement, including all the Existing Debt shall be assumed by the Borrower to the Lender;

Loan Agreement
Loan Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.

Shanghai Free Trade Zone GDS Management Co., Ltd., a wholly foreign owned enterprise duly incorporated under the laws of the People’s Republic of China, with legal address at Room 4056, 4th Floor, 173 Meisheng Road, China (Shanghai) Pilot Free Trade Zone, China (the “Lender”).

Shanghai Waigaoqiao Free Trade Zone Premises and Warehouse Lease Agreement Printed by Shanghai Waigaoqiao Free Trade Zone Management Committee
Premises and Warehouse Lease Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc. • Shanghai

Party A and Party B sign this Contract by consensus according to the Contract Law of the People’s Republic of China, the Urban Real Estate Administration Law of the People’s Republic of China and relevant provisions to clarify the relationship of rights and obligations of the lessor and the lessee.

Intellectual Property Rights License Agreement
Intellectual Property Rights License Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Intellectual Property Rights License Agreement (the “Agreement”) is entered into on date April 13, 2016 in Shanghai, People’s Republic of China (“PRC”) by and between:

Shareholder Voting Rights Proxy Agreement Concerning Shanghai Shu’an Data Services Co., Ltd.
Shareholder Voting Rights Proxy Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.

This Voting Proxy Agreement (the “Agreement”) is entered into on date April 13, 2016 in Shanghai, People’s Republic of China (“PRC”) by and between:

UP TO RMB 530,000,000 TERM LOAN FACILITY AGREEMENT Dated 17 September 2015 (as amended and restated pursuant to the Amendment Agreement dated 4 March 2016 and further amended and restated on 5 August 2016)
Term Loan Facility Agreement • October 4th, 2016 • GDS Holdings LTD • Services-computer programming, data processing, etc.

THIS AGREEMENT is dated 17 September 2015 (as amended and restated pursuant to an amendment agreement dated 4 March 2016 and further amended and restated on 5 August 2016) and made between: