Exhibit 10.6 (a)
ASSET TRANSFER AGREEMENT
Between
SHANGHAI ▇▇▇▇▇▇ NETWORKING CO., LTD.
and
SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.
ASSET TRANSFER AGREEMENT
THIS AGREEMENT is made in Beijing, the People's Republic of China ("PRC") on
this 18th day of February 2003 by and between
(1) SHANGHAI ▇▇▇▇▇▇ NETWORKING CO., LTD. (the "Transferor"), with its legal
address at 21st floor, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇,
▇▇▇; and
(2) SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD. (the "Transferee"),
with its legal address at Room 638-7, Building 2, 351 Guoshoujing Road,
Zhangjiang Hi-Tech Park, Shanghai, PRC.
WHEREAS:
(A) The Transferor is a company primarily engaged in the operation of online
games, with assets including but not limited to those set forth in Annex
1 and Annex 2 hereof;
(B) The Transferor agrees to transfer to the Transferee, and the Transferee
agrees to acquire, all assets owned by the Transferor other than those
listed in Annex 1.
THEREFORE, THE PARTIES HEREBY AGREE as follows:
1. DEFINITIONS
Unless the context requires otherwise, the following terms shall have
the meanings given to them below when used in this Agreement:
"Assets" means all assets (other than those listed in Annex 1) which are
owned by the Transferor prior to the date hereof and are transferable
under applicable laws, including but not limited to those listed in
Annex 2. To the extent permitted by applicable laws, the assets listed
in Annex 1 shall be re-transferred to the Transferee in a timely manner
upon request by the Transferee.
"Parties" means both the Transferor and the Transferee, and a "Party"
means either one of them.
2. TRANSFER OF ASSETS
2.1 The Transferor hereby agrees to transfer to the Transferee, and the
Transferee hereby agrees to acquire, the Assets in accordance with the
provisions of this Agreement.
2.2 The Parties agree that the price of the Assets to be transferred under
this Agreement shall be the RMB equivalence of three million US dollars.
2.3 The Parties agree that the assets to be transferred by the Transferor to
the Transferee under this Agreement shall include all assets owned by
the Transferor other than those listed in Annex 1, including without
limitation, client data, business information and trade secrets of
various types owned by the Transferor.
1
2.4 The Transferor shall transfer the Assets to the Transferee in accordance
with the provisions of this Agreement.
3. CLOSING AND PAYMENT OF TRANSFER PRICE
3.1 The Transferor shall be responsible for completing all procedures
relating to ownership transfer and registration of the Assets. Within
Sixty (60) days after the date of this Agreement, the Transferor shall
close the transaction with the Transferee of all relevant assets
hereunder, and thereafter, the Parties shall sign the Closing
Acknowledgement Letter as attached in Annex 2 hereof evidencing the
completion of the Assets transfer.
3.2 Within Thirty (30) days after the transfer and delivery of the Assets to
the Transferee, the Transferee shall pay the Transfer price in RMB or in
any other currency agreed upon by the Parties.
4. REPRESENTATIONS AND WARRANTIES OF THE TRANSFEROR
The Transferor represents and warrants to the Transferee that, on the
date of this Agreement as well as on the date of transfer of each of the
Assets to the Transferee:
(a) It is a company duly organized and existing under the PRC laws
and has good title, use right and/or other rights to the
Assets, and all the Assets are free of any lease, lien,
mortgage, pledge or other encumbrances;
(b) It has all corporate powers and authorizations and has taken all
corporate actions necessary for the transfer of the Assets
hereunder;
(c) The Assets to be transferred from the Transferor to the
Transferee are transferable under PRC laws.
5. INDEMNIFICATION
The Transferor agrees that, if it is found to be in breach of any of the
representations and warranties set forth in Article 4 hereof, it will
indemnify the Transferee in full for and against all losses,
liabilities, costs, charges and expenses incurred by the Transferee
because of such breach.
6. FURTHER UNDERTAKINGS OF THE TRANSFEROR
The Transferor further undertakes to the Transferee that:
(a) Between the date of this Agreement and the date of transfer of
the Assets, it will not lease, mortgage, pledge or otherwise
encumber any of the Assets;
(b) Between the date of this Agreement and the date of transfer of
the Assets, it will not make any covenants relating to any of
the Assets, whether contractual or otherwise, other than those
necessary for the Transferor to operate the Assets in the
ordinary course of its business.
2
(c) Without the Transferee's consent, it will not transfer to any
third party any of the remaining assets which are not transferred
from the Transferor to the Transferee under this Agreement.
7. WAIVER
A Party's failure to insist on strict and timely performance of any
provision hereunder shall not constitute a waiver of such right, nor
shall a Party's waiver of such right constitute a waiver with respect to
subsequent breaches, similar or otherwise.
8. SEVERABILITY
If for any reason any provision of this Agreement becomes invalid or
unenforceable in full or in part, or is in violation of any applicable
laws, such provision shall be deemed to have been deleted herefrom, and
to the extent permitted under the law and considered by the Parties at
the time of executing the Agreement, replaced by an appropriate
provision that is closest to what the Parties would have desired
according to the meaning and purpose of the Agreement. The remaining
provisions of this Agreement shall be valid and binding.
9. NOTICE
Notices and other communications between the Parties shall be prepared
in Chinese in writing, and sent to the following addresses:
Shanghai ▇▇▇▇▇▇ Networking Co., Ltd.
Address: ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Road,
Shanghai, PRC
Postal Code: 200122
Attention: Li ShuJun
Fax: 50504720-8088
Shengqu Information Technology (Shanghai) Co., Ltd.
Address: ▇▇▇▇ ▇▇▇-▇, ▇▇▇▇▇▇▇▇ ▇, 351 Guoshoujing Road,
Zhangjiang Hi-Tech Park, Shanghai, China
Attention: Luo QianQian
Fax: 50504720-4723
10. LANGUAGE
This Agreement is executed in Chinese. This Agreement and any
amendment hereto may be executed by both Parties in separate
counterparts, each and all of which shall be original and all of which
together shall constitute one and the same instrument.
11. GOVERNING LAW AND SETTLEMENT OF DISPUTES
11.1 This Agreement shall be governed by and construed in accordance with the
published laws of the PRC.
11.2 All disputes arising from the execution of, or in connection with this
Agreement shall be settled through friendly consultation between the
Parties. If no settlement can be
3
reached through consultation, the dispute shall be submitted to the
China International Economic and Trade Arbitration Commission (CIETAC)
Shanghai Commission for arbitration in accordance with its arbitration
rules then in effect. There shall be three arbitrators. The arbitration
shall be held in Shanghai. The language of the arbitration shall be
Chinese. The arbitral award shall be final and binding on both Parties.
The costs of the arbitration shall be borne by the losing Party, unless
the arbitration award stipulates otherwise.
12. PREVIOUS AGREEMENTS
This Agreement shall supercede all memorandums, agreements and
arrangements previously entered into between the Parties on the subject
matter hereof and all such memorandums, agreements and arrangements
shall become void from the date of the execution of this Agreement.
13. COUNTERPARTS AND EFFECTIVENESS
13.1 This Agreement may be executed by the Parties separately in one or any
number of counterparts, each of which will be an original, but all of
which together shall constitute one and the same agreement. All
counterparts shall be identical.
13.2 This Agreement shall become effective after it is duly executed by
authorized representatives of the Parties.
14. AMENDMENTS
14.1 Any amendment to this Agreement shall be made in writing and signed by
the authorized representatives of both Parties. When necessary, an
amendment to this Agreement shall become effective upon approval of the
relevant examination and approval authority.
14.2 Matters not covered in this Agreement shall be handled in accordance
with the laws of the PRC.
4
IN WITNESS WHEREOF, the Parties, acting through their duly authorized
representatives, have executed this Agreement in Shanghai, the PRC, as of the
date first written above.
Transferor: Shanghai ▇▇▇▇▇▇ Networking Co., Ltd.
Seal:
-----------------------------
Authorized representative
Transferee: Shengqu Information Technology (Shanghai) Co., Ltd.
Seal:
-----------------------------
Authorized representative
5
ANNEX 1:
LIST OF ASSETS NOT TO BE TRANSFERRED
(If any Assets other than those listed in this Annex 1 shall be forbidden to be
transferred under applicable laws, then such Assets shall be excluded from the
Assets to be transferred hereunder.)
1. Cash owned by the Transferor on the date of this Agreement;
2. ICP License and relevant certificates owned by the Transferor based on
ICP License;
3. Articles of Association, minutes, book records or certificates and other
non-transferable corporate documents of the Transferor.
4. Contracts, memorandum of understanding and other contractual documents
(including contracts between the Transferor and telecommunication
operators and distributors) entered into by the Transferor and third
parties based on the ICP License;
Name of the Contract/Document Date of Signing
------------------------------------------------------------------------------------------------------------------
I. Cooperation Agreement of Servers With Respect To Telecom
------------------------------------------------------------------------------------------------------------------
Cooperation Agreement with Qingcheng Server Group 2/9/2002
------------------------------------------------------------------------------------------------------------------
Cooperation Agreement with Dianchi Server Group 2/9/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Net Association Paradise II) 4/15/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Three Gorges II) 4/15/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Three Gorges) 4/15/2002
------------------------------------------------------------------------------------------------------------------
Special Area Cooperation Agreement (Tianfu) 4/27/2002
------------------------------------------------------------------------------------------------------------------
Hubei Liantong Net Service Contract 5/28/2002
------------------------------------------------------------------------------------------------------------------
China Mobile Special Area Team Cooperation Agreement 5/28/2002
------------------------------------------------------------------------------------------------------------------
Chongqing Mobile Special Area IDC 5/29/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Liantong II) 4/15/2002
------------------------------------------------------------------------------------------------------------------
Server SpanningContract (Liantng Shanxi) 6/07/2002
------------------------------------------------------------------------------------------------------------------
Guangtong Special Area Cooperation Agreement 6/11/2002
------------------------------------------------------------------------------------------------------------------
GPRS Service and Cooperation Contract 7/24/2002
------------------------------------------------------------------------------------------------------------------
Server Spanning Contract (Anhui Telecom) 8/01/2002
------------------------------------------------------------------------------------------------------------------
Guangdong Telecom Special Area Cooperation Agreement 8/01/2002
------------------------------------------------------------------------------------------------------------------
Anhui Telecom Special Area Cooperation Agreement 8/01/2002
------------------------------------------------------------------------------------------------------------------
Shenyang Liantong Server Trust Contract 8/12/2002
------------------------------------------------------------------------------------------------------------------
6
Xi'an Telecom Special Area 8/12/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract 8/15/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract 8/15/2002
------------------------------------------------------------------------------------------------------------------
▇▇▇▇▇ ▇▇▇▇ Special Area 8/20/2002
------------------------------------------------------------------------------------------------------------------
Hunan Liantong Special Area Cooperation Agreement 8/26/2002
------------------------------------------------------------------------------------------------------------------
Jiangxi Telecom Special Area Cooperation Agreement 8/26/2002
------------------------------------------------------------------------------------------------------------------
Taizhou Telecom Special Area Cooperation Agreement 8/26/2002
------------------------------------------------------------------------------------------------------------------
Guangxi Telecom Special Area Cooperation Agreement 8/28/2002
------------------------------------------------------------------------------------------------------------------
Hebei Liantong Net Service Contract 9/03/2002
------------------------------------------------------------------------------------------------------------------
Shenyang Telecom Special Area Cooperation Agreement 9/18/2002
------------------------------------------------------------------------------------------------------------------
ft2 Shenzhen Special Area Cooperation Agreement 9/27/2002
------------------------------------------------------------------------------------------------------------------
Jiangsu Team Cooperation Agreement 9/27/2002
------------------------------------------------------------------------------------------------------------------
China Liantong Special Area Cooperation Agreement 9/28/2002
------------------------------------------------------------------------------------------------------------------
Guangzhou Bu ▇▇▇▇ ▇▇▇▇ Net Service Contract 10/10/2002
------------------------------------------------------------------------------------------------------------------
Guangzhou, Zhejiang Liantong Net Service Contract 10/10/2002
------------------------------------------------------------------------------------------------------------------
Gunagzhou, Jiangxi Liantong Net Service Contract 10/10/2002
------------------------------------------------------------------------------------------------------------------
Liantong Foshan Net Service Contract 10/15/2002
------------------------------------------------------------------------------------------------------------------
Special Cooperation Agreement (Education Net) 10/15/2002
------------------------------------------------------------------------------------------------------------------
Changsha Telecom Special Area Cooperation Agreement 10/22/2002
------------------------------------------------------------------------------------------------------------------
Cooperation Agreement of the Application Project of IP Incremental Service Platform 10/22/2002
------------------------------------------------------------------------------------------------------------------
Zhengzhou Special Area Cooperation Agreement 10/23/2002
------------------------------------------------------------------------------------------------------------------
Fortress Special Area (Tianfu) 10/25/2002
------------------------------------------------------------------------------------------------------------------
Jiangsu Special Area 10/28/2002
------------------------------------------------------------------------------------------------------------------
Hunan Liantong Net Service Contract 10/30/2002
------------------------------------------------------------------------------------------------------------------
Heilongjiang Liantong Net Service Contract 10/30/2002
------------------------------------------------------------------------------------------------------------------
Jinan Liantong Net Service Contract 11/06/2002
------------------------------------------------------------------------------------------------------------------
Sichuan Public Information Special Area Cooperation Agreement 11/4/2002
------------------------------------------------------------------------------------------------------------------
Beijing Qianqin Special Area Cooperation Agreement 11/22/2002
------------------------------------------------------------------------------------------------------------------
Henan Special Area Cooperation Agreement 11/22/2002
------------------------------------------------------------------------------------------------------------------
Haerbin Special Area Cooperation Agreement 11/22/2002
------------------------------------------------------------------------------------------------------------------
Cooperation Agreement of the Application Project IP
Incremental Service Platform (Xi'an Public Information) 11/19/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (China Wangtong Henan 12/04/2002
7
Communication Bo'ai Branch)
------------------------------------------------------------------------------------------------------------------
Net Service Company (Zhengzhou Sipu Haiwei Network) 12/04/2002
------------------------------------------------------------------------------------------------------------------
Shangdu Information Harbor Agreement (Henan Zhengzhou Telecom Team Cooperation Agreement) 12/04/2002
------------------------------------------------------------------------------------------------------------------
Special Cooperation Agreement (Jilin Communication Yanbian Branch) 12/04/2002
------------------------------------------------------------------------------------------------------------------
Cooperation Agreement of the Application Project of IP
Incremental Service Platform (Hunan Telecom) 12/12/2002
------------------------------------------------------------------------------------------------------------------
Special Area Cooperation Agreement (Zhejiang Telecom Co. Ltd.) 12/12/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Jiaxing Telecom Information Co. Ltd.) 12/12/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (China Liantong Hunan Branch) 12/12/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Jiaxing Telecom Information) 12/12/2002
------------------------------------------------------------------------------------------------------------------
Special Area Cooperation Agreement (Shanghai Broadcasting and Telecom) 12/16/2002
------------------------------------------------------------------------------------------------------------------
Special Area Cooperation Agreement (Zhejiang Telecom Co. Ltd.) 12/12/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (China Liantong Guangxi Branch) 12/12/2002
------------------------------------------------------------------------------------------------------------------
Special Area Cooperation Agreement (Yiwu Hengshun Computer) 12/20/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (China Liantong Taiyuan Branch) 12/20/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Qingdao Communication Company) 12/20/2002
------------------------------------------------------------------------------------------------------------------
Jilin Communication Special Area Cooperation Agreement (Jilin Data Communication Bureau) 12/20/2002
------------------------------------------------------------------------------------------------------------------
Special Area Cooperation Agreement (Ningbo Public Information Industry) 12/16/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Fuxin Haiding Hi-tech Development Center) 12/25/2002
------------------------------------------------------------------------------------------------------------------
Special Area Cooperation Agreement (China Telecom Group Hebei Branch) 01/08/2003
------------------------------------------------------------------------------------------------------------------
Special Area Cooperation Agreement (Xinjiang Telecom) 01/08/2003
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Railway Information Co. Ltd. Xinjing Branch) 01/08/2003
------------------------------------------------------------------------------------------------------------------
Special Cooperation Agreement (Zhejiang Telecom Yiwu Telecom Bureau) 11/28/2002
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Yantai Communication Company) 01/14/2003
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Fuxin Haiding Hi-tech Development 01/14/2003
------------------------------------------------------------------------------------------------------------------
8
Center)
-----------------------------------------------------------------------------------------------------------------
Fortress II Special Area Cooperation Agreement (Shenzhen Telecom) 01/17/2003
------------------------------------------------------------------------------------------------------------------
Net Service Contract (Yantai Communication Company Weihai Branch) 01/24/2003
------------------------------------------------------------------------------------------------------------------
Net Game Products Cooperation Agreement 10/13/2001
------------------------------------------------------------------------------------------------------------------
China Wangtong Comprehensive Information Service Platform Cooperation Agreement 11/06/2001
------------------------------------------------------------------------------------------------------------------
Cooperation Agreement with Tianfu Hotline (Shushan Server) 10/25/2001
------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------
II. Distribution Agreement
------------------------------------------------------------------------------------------------------------------
Termination of the cooperation with Yubi 3/15/2002
------------------------------------------------------------------------------------------------------------------
Distribution Contract with Yubi 3/15/2002
------------------------------------------------------------------------------------------------------------------
Mail-Order Distribution Contract 6/03/2002
------------------------------------------------------------------------------------------------------------------
Distribution Contract of Pocket PC 6/12/2002
------------------------------------------------------------------------------------------------------------------
96163 Cooperation Agreement 6/20/2002
------------------------------------------------------------------------------------------------------------------
Distribution Contract of Books 7/16/2002
------------------------------------------------------------------------------------------------------------------
Distribution of Information Service 7/24/2002
------------------------------------------------------------------------------------------------------------------
Channel Distribution Contract 8/09/2002
------------------------------------------------------------------------------------------------------------------
Yun Net Distribution and Service Cooperation Contract 8/27/2002
------------------------------------------------------------------------------------------------------------------
Channel Distribution Contract 8/27/2002
------------------------------------------------------------------------------------------------------------------
168 Cooperation 10/28/2002
------------------------------------------------------------------------------------------------------------------
Information Service Distribution Contract (Jiangsu Public Multi-media Communication Bureau) 12/04/2002
------------------------------------------------------------------------------------------------------------------
Information Service Distribution Contract (Shanghai Broadcasting and telecom) 12/16/2002
------------------------------------------------------------------------------------------------------------------
Exclusive Distribution of the Service Packet (Chengdu Shuzi Tianxia) 12/18/2002
------------------------------------------------------------------------------------------------------------------
Service Agreement with Beijing Pocket PC MONCA 10/24/2001
------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------
III. Trust Contract of Local Servers
------------------------------------------------------------------------------------------------------------------
Server Trust Contract 6/27/2002
------------------------------------------------------------------------------------------------------------------
Server Trust Contract 7/23/2002
------------------------------------------------------------------------------------------------------------------
Server Trust Contract 11/04/2002
------------------------------------------------------------------------------------------------------------------
Server Trust Contract 11/06/2002
------------------------------------------------------------------------------------------------------------------
9
------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------
IV. Contracts With Respect To Receiving Accounts
------------------------------------------------------------------------------------------------------------------
Three Parties' Net Bank Cards Connection Agreement (Bank of Communication) 8/01/2002
------------------------------------------------------------------------------------------------------------------
Zhongxin Bank Card Agreement 8/01/2002
------------------------------------------------------------------------------------------------------------------
Zhongxin Bank Liqudation Agreement 8/26/2002
------------------------------------------------------------------------------------------------------------------
Cooperation Agreement of On-line Payment Platform Mobile Network 09/27/2001
------------------------------------------------------------------------------------------------------------------
On-line Payment Cooperation Agreement with Chinapay's Bank Cards 09/21/2001
------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------
V. Other Incremental Service Agreement
------------------------------------------------------------------------------------------------------------------
Net Dialing-in Contract (Shanghai Weidi Image and Data Communication) 12/26/2002
------------------------------------------------------------------------------------------------------------------
Net Dialing-in Service Contract 8/27/2002
------------------------------------------------------------------------------------------------------------------
Net Dialing-in Contract 11/04/2002
------------------------------------------------------------------------------------------------------------------
ADSL Wide Band Binding Cooperation Agreement (Jiangsu Public Multi-media) 12/04/2002
------------------------------------------------------------------------------------------------------------------
▇▇▇▇▇▇ Series Game and ADSL Wide Band Binding Promotion Agreement (Hunan) 12/12/2002
------------------------------------------------------------------------------------------------------------------
(NOTES:)
I. COOPERATION AGREEMENT OF SERVERS WITH RESPECT TO TELECOM
Under these agreements, ▇▇▇▇▇▇ is responsible for providing the game
software and guaranteeing the operation of such games. The methods of
cooperation are: 1. IDC Cooperation (e.g. the net service contract, the
server group cooperation contract, the server spanning agreement, the
cooperation agreement of the application project of incremental service
platform, etc.); 2. Special Area Cooperation (e.g. the special area
cooperation or the GPRS service cooperation contract, etc.). To ensure
the operation of the games, operators shall have ICP Certificate. So,
▇▇▇▇▇▇ owning an ICP Certificate is the premise of such cooperation
contracts.
II. VARIOUS DISTRIBUTION AGREEMENTS
Under these agreements, ▇▇▇▇▇▇ shall guarantee the good operation of such
games for establishing the distributors' confidence. The good operation
of the games is on the condition that the operator has an ICP
Certificate. But if being permitted by ▇▇▇▇, ▇▇▇▇▇▇ together with Shengqu
Information and Technology (Shanghai) Co. Ltd. will re-make distribution
contracts with the distributors.
10
III. THE TRUST AGREEMENT OF LOCAL SERVERS
To trust a server is to use the trusted server to provide information
services. Considering the requirements for supervising the information
contents by Chinese government, the trustee shall be qualified for
providing the information contents and have an ICP Certificate.
IV. AGREEMENT RELATING TO RECEIVING ACCOUNTS
These contracts are made with banks or data settlement companies. ICP
Certificate seems to be irrelevant under this circumstance. But actually,
under these contracts ▇▇▇▇▇▇ consents to provide relevant service to the
users, which is based on the fact that ▇▇▇▇▇▇ is qualified for the
provision of such services, that is, having an ICP Certificate. But if
being permitted by ▇▇▇▇, ▇▇▇▇▇▇ together with Shengqu Information and
Technology (Shanghai) Co. Ltd. will re-make distribution contracts with
the distributors.
V. OTHER INCREMENTAL SERVICES AGREEMENT
Under these agreements, ▇▇▇▇▇▇ shall guarantee the operation of such
games, which is based on the fact that it has a Certificate of ICP.
5. Software license agreements or the concerned agreements entered into
between the Transferor and overseas clients (Including the seven software
license agreements) (Notes: When permitted by applicable laws (including
obtaining consents from overseas licensors), the Transferor shall
sublicense all rights under various software license agreements to the
Transferee before June 1st 2003, and shall endeavor to enable the
Transferee to legally make payment of all relevant software license fees
to the overseas licensors).
11
ANNEX 2:
LIST OF ASSETS TO BE TRANSFERRED
(PLEASE SEE THE RELEVANT LIST OF ASSETS OF THE TRANSFEROR FOR MORE DETAILS)
C3 Scanner
Motorola V60
ErissionT20
Samsung PC
Weichuang PC Accessories
2 Fuji Laptop
Dopod 686 Cell Phone
Weichuang PC Accessories
Mianhua PC
2 Sharp Laptop
Weichuang PC Accessories
Juyang PC Accessories
2 Panasonic Air-conditions
Samsung Color TV Set
Electrograph
Projective Color TV Set
Aoge Electrograph
Toshiba Color TV Set
Digital Camera
EPSON Projector
HP Laser Printer
Canon Electrograph
Weichuang PC Accessories
Hanwang Namecard Scanner
Weiguang Electro Scanner
Bar Tablewares
Qunsheng Office Projector
Vidicon
Weichuang PC Accessories
Dopod 686 Cell Phone
Kangfa PC
2 Dopod Cell Phones
Juyang PC Accessories
Exhibition PC
12
2 Aiyisi Electrographs
Office Furnitures
Hongsheng Furnitures
Pudong Shenmei
3 Shanghai Yichu PC
Dopod Cell Phone
10 Panasonic Cell Phones
Hongkang Duplicator
4 Kangfa Laptops
Digital Camera
Juyang PC Accessories
HP Laser Printer
Dopod 686 Cell Phone
Weichaung PC Accessories
New Fangte Digital Camera
Hope PC Hard Disk
PC Hard Disk
Yidian PC Accessories
Yidian PC
Weichaung PC Accessories
IBM Laptop
Dopod 686 Cell Phone
Weichaung PC Accessories
Mianhua PC
Juyang PC Accessories
Xinkangfa PC
Shengda Air-conditions
Juyang PC Accessories
Juyang PC Accessories
Juyang PC Accessories
Laptop
Sony Laptop
Siemens 6688 Cell Phone
Philips 989 Cell Phone
Laptop
MOTO M-388
Dopod 686 Cell Phone
Mianhua PC
12 Dell Server
3C16980 Switchboard
13
Lianzhi 1 Server
Baode Server
Yongxin Auto KVM
Lianzhi 2 Server
Lianzhi 3 Server
Dell Server
Yongxin Switchboard
Intel Fireproofing
Lianzhi 1 Server
Lianzhi 4 Server
Lianzhi 5 Server
Lianzhi 6 Server
Lianzhi 6 Server Increment
Lianzhi 7 Server
Lianzhi 8 Server
Lianzhi 9 Server
Lianzhi 10 Server
Yongxin Switchboard
Intel Fireproofing
Dell Server
Dell Server
▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇
▇▇▇▇▇ 12 Server
Zanhe 17 Server
Yongxin Switchboard 24 Ports
Yongxin Switchboard 40 Ports
Yongcin Switchboard 24 Ports
Yongxin Switchboard 8 Ports
Yongxin Switchboard 8 Ports
Zanhe 19 Server
Zanhe 20 Server
▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇
▇▇▇▇▇ 31 Server
Lianzhi 11 Server
Lianzhi 12 Server
Beijng Langchao 1 Server
Zanhe 59 Server
14
6 Jingchangda KVM
Jingchangda KVM
Shanghai Mingyu 1 Switchboard
Shanghai Mingyu 2 Switchboard
Shanghai Mingyu 3 Switchboard
Shanghai Mingyu 4 Switchboard
Yongxin Switchboard 24+16 Ports
Beijing Langchao 2 Server
Beijing Langchao 3 Server
Beijing Langchao 4 Server
Jingchangda KVM
Beijing Langchao 5 Server
Beijing Langchao 6 Server
Beijing Langchao 7 Server
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇ Jinxin Bi-factors
Authentication
Shanghai Mingyu 4 Switchboard
Zanhe 131 Server
Baode Server
Dell Server
Guangzhou Yongling Access Door System
Guangzhou Yongling Access Door System
Guangzhou Yike PC
Beijing Langchao PC Server
Shanghai Mingyu Switchboard
Shanghai Mingyu Switchboard
Shanghai Mingyu Switchboard
Shanghai Internet Fireproofing
Dell Server
Beijing Langchao PC Server
Shanghai Mingyu Switchboard
15
Dell Server
Beijing Langchao PC Server
Hexun NTR04AA User Wire
Beijing Langchao PC Server
Dell Server
Shanghai Mingyu Switchboard
Shanghai Zhonghen PC Power Supply
Zhonglian Lvmeng Information
Technology
Beijing Langchao PC Server
Shanghai Xince Bi-factors
Authentication
Zanhe Chip
Beijing Langchao PC Server
Dell Server
Boqing Server
Beijing Langchao PC Server
Beijing Langchao PC Server
Lianzhi Server
Shanghai Weiming Switchboard
Shanghai Shenteng Server
Purchase-and-sale
Dell Server
Huadi PC Fireproofing
Dell Server
Beijing Langchao PC Server
Shanghai Jiuzheng Server
Shanghai Weiming Switchboard
Beijing Langchao PC Server
Beijign Langchao PC Server
Beijing Langchao PC Server
Shanghai Weiming Switchboard
Beijing Langchao PC Server
Beijing Lianzhi Chuangjie Science
and Technology Co. Ltd.
Shanghai shang'an Fireproofing
16
Shanghai Hexun Engineering
Technology Co. Ltd.
Windows Operating System
Shanghai Yitong Information Software
Shanghai Jindie Software
Beijing Tianwei Safe Server
Digit Certificate
Beijing Huaji Youtian Magnetic Tape
Warehouse
Fenglin Huoshan Technological Source Code
ESALES Software Copyright
Trademark Type Remark
---------- ---- ------
Logo 09 20011221 Issue of the Certificate 1686323
Black Cat Inspector 09 20011221 Issue of the Certificate 1686324
Logo 16 20020228 Issue of the Certificate 1720862
Black Cat Inspector 16 20020228 Issue of the Certificate 1720864
Logo 38 20020314 Issue of the Certificate 1731829
Black Cat Inspector 38 20020314 Issue of the Certificate 1731815
Logo 42 20020414 Issue of the Certificate 1749903
Black Cat Inspector 42 20020414 Issue of the Certificate 1749905
Logo 09 20011221 Issue of the Certificate 1686163
Stammer 09 20011221 Issue of the Certificate 1686325
Logo 16 20020228 Issue of the Certificate 1720861
Stammer 16 20020228 Issue of the Certificate 1720863
Logo 25 20020128 Issue of the Certificate 1705426
Stammer 25 20020128 Issue of the Certificate 1705380
Logo 38 20020314 Issue of the Certificate 1731827
Stammer 38 20020314 Issue of the Certificate 1731828
Logo 42 20020514 Issue of the Certificate 1769295
Stammer 42 20020414 Issue of the Certificate 1749904
STAMMER 09 20020107 Issue of the Certificate 1694412
STAMMER 42 20010614 Issue of the Certificate 1587985
Guigu 38 20010507 Issue of the Certificate 1567897
▇▇▇▇▇▇ 9 20020314 Letter of Acceptance
▇▇▇▇▇▇ 38 20020314 Letter of Acceptance
▇▇▇▇▇▇ 38 20020314 Letter of Acceptance
▇▇▇▇▇▇ 42 20020314 Letter of Acceptance
▇▇▇▇▇▇ 42 20020314 Letter of Acceptance
17
▇▇▇▇▇▇ 41 20020829 Letter of Acceptance
▇▇▇▇▇▇ 41 20020829 Letter of Acceptance
Mir of Legend 41 20020829 Letter of Acceptance
BNB 41 20021031 Letter of Acceptance
Tactic Commander 41 20021031 Letter of Acceptance
Shada Fotress 2 41 Letter of Acceptance
Mir of Legend 9 Letter of Acceptance
Mir of Legend 16 Letter of Acceptance
Mir of Legend 25 Letter of Acceptance
Mir of Legend 41 Letter of Acceptance
18
ACKNOWLEDGEMENT LETTER
The Transferor and the Transferee hereby jointly acknowledge that the Transferor
has transferred to the Transferee and the Transferee has acquired from the
Transferor all Assets to be transferred under this Agreement, and that the
Parties have completed the relevant procedures of ownership transfer relating to
such Assets.
Transferor: Shanghai ▇▇▇▇▇▇ Networking Co., Ltd.
-------------------------------
Seal
Transferee: Shengqu Information Technology (Shanghai) Co., Ltd.
-------------------------------
Seal
Date of acknowledgement: , 2003
19
Exhibit 10.6 (b)
AMENDMENT TO ASSET TRANSFER AGREEMENT
THIS AMENDMENT TO ASSET TRANSFER AGREEMENT ("Amendment") is made as of February
25, 2003 in Shanghai, P.R.C., by and between
(1) Shanghai ▇▇▇▇▇▇ Networking Co., Ltd. ("▇▇▇▇▇▇"), with its legal address
at 21st floor, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇;
and
(2) Shengqu Information Technology (Shanghai) Co., Ltd. ("Shengqu"), with
its legal address at Room 638-7, Building 2, 351 Guoshoujing Road,
Zhangjiang Hi-Tech Park, Shanghai, PRC;
WHEREAS,
A. Shanda and Shengqu ("Parties") are parties to that certain ASSET
TRANSFER AGREEMENT dated as of February 18, 2003 (the "Agreement"),
pursuant to which ▇▇▇▇▇▇ shall transfer all Assets to Shengqu to the
extent permitted by applicable laws.
B. Parties agree to modify the price of transferred Assets according to the
book net value of such Assets.
NOW, THEREFORE, in consideration of the applicable conditions, the Parties agree
to amend the Agreement as follows.
1. Section 2.2 of the Agreement is amended so that it reads in its entirety
as follows: The Parties agree that the price of the Assets transferred
under this Agreement shall be RMB 46,529,487.14, which is calculated
based on the book net value of the transferred Assets.
2. Other provisions of the Agreement shall remain unchanged.
IN WITNESS WHEREOF, the Parties, acting through their duly authorised
representatives, have executed this Amendment as of the date first written
above.
Shanghai ▇▇▇▇▇▇ Networking Co., Ltd.
Seal:
---------------------
Authorized representative
Shengqu Information Technology (Shanghai) Co. Ltd.
Seal:
---------------------
Authorized representative
Exhibit 10.6 (c)
SUPPLEMENTARY AGREEMENT TO ASSET TRANSFER AGREEMENT
THIS SUPPLEMENTARY AGREEMENT TO ASSET TRANSFER AGREEMENT ("Supplementary
Agreement") is made as of June 20, 2003 in Shanghai, P.R.C., by and between
(1) Shanghai ▇▇▇▇▇▇ Networking Co., Ltd.(the "Transferor"), with its legal
address at 21st floor, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇,
▇▇▇; and
(2) Shengqu Information Technology (Shanghai) Co., Ltd.( the "Transferee"),
with its legal address at Room 638-7, Building 2, 351 Guoshoujing Road,
Zhangjiang Hi-Tech Park, Shanghai, PRC;
WHEREAS,
A. Shanda and Shengqu ("Parties") are parties to that certain ASSET
TRANSFER AGREEMENT dated as of February 18, 2003 (the "Agreement").
B. The Parties now desire to supplement the Agreement as set forth below.
NOW, THEREFORE, in consideration of the foregoing, of the Agreement and of the
covenants and obligations set forth herein, ▇▇▇▇▇▇ and Shengqu agree as follows.
1. Section 3.1 of the Agreement
The former provision was:
The Transferor shall be responsible for completing all procedures
relating to ownership transfer and registration of the Assets. Within
Sixty (60) days after the date of this Agreement, the Transferor shall
close the transaction with the Transferee of all relevant assets
hereunder, and thereafter, the Parties shall sign the Closing
Acknowledgement Letter as attached in Annex 2 hereof evidencing the
completion of the Assets transfer.
Now it is amended so that it reads in its entirety as follows:
The Transferor shall be responsible for completing all procedures
relating to ownership transfer and registration of the Assets. Within
Six (6) months after the date of this Agreement, the Transferor shall
close the transaction with the Transferee of all relevant assets
hereunder, and thereafter, the Parties shall sign the Closing
Acknowledgement Letter as attached in Annex 2 hereof evidencing the
completion of transfer of Assets transfer.
2. This Supplementary Agreement shall be effective on the date on which it
is executed by the Parties. In the event that there is any discrepancy
between this Supplementary Agreement and the Agreement, the terms and
conditions of this Supplementary Agreement shall prevail. This
Supplementary Agreement shall have two (2) counterparts, of which each
Party shall hold one (1).
1
Transferor: Shanghai ▇▇▇▇▇▇ Networking Co., Ltd.
Seal:
---------------------
Authorized representative
Transferee: Shengqu Information Technology (Shanghai) Co., Ltd.
Seal:
---------------------
Authorized representative
2
Exhibit 10.6 (d)
SUPPLEMENTAL AGREEMENT TO
ASSET TRANSFER AGREEMENT
Between
SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.
and
SHANGHAI ▇▇▇▇▇▇ NETWORKING CO., LTD.
Shanghai, China
SUPPLEMENTAL AGREEMENT TO ASSET TRANSFER AGREEMENT
THIS AGREEMENT is made in Shanghai, the People's Republic of China ("PRC") on
this 18th day of December 2003 by and between:
(1) SHENGQU INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD. ("Party A"), with
its registered address at Room 638-7, Building 2, 351 Guoshoujing Road,
Zhangjiang Hi-Tech Park, Shanghai, PRC; and
(2) SHANGHAI ▇▇▇▇▇▇ NETWORKING CO., LTD. ("Party B"), with its registered
address at ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Road, Shanghai,
PRC.
WHEREAS:
(A) Pursuant to an Asset Transfer Agreement, dated 18th February 2003,
entered into between Party A and Party B, Party B transferred relevant
equipments to Party A;
(B) Due to the business requirements of Party B, Party B desires to
re-purchase from Party A part of the equipments.
THEREFORE, THE PARTIES HEREBY AGREE as follows:
1. DEFINITIONS
Unless the context requires otherwise, the following terms shall have
the meanings given to them below when used in this Agreement:
"Transferred Equipments" means all the equipments listed in Annex 1
hereof.
"Parties" means both Party A and Party B, and a "Party" means either one
of them.
2. TRANSFER OF EQUIPMENTS
2.1 Party A hereby agrees to transfer to Party B, and Party B hereby agrees
to acquire, the Transferred Equipments in accordance with the provisions
of this Agreement.
2.2 The Parties agree that the transfer price of the Transferred Equipments
under this Agreement shall be RMB 1,389,785.83.
3. CLOSING AND PAYMENT OF TRANSFER PRICE
3.1 Within three (3) working days of the execution date of this Agreement,
Party A and Party B shall close all the transactions hereunder, and
thereafter, the Parties shall, at the site of the delivery, execute an
Closing Acknowledgement Letter as attached in Annex 2 hereof evidencing
the completion of transfer of Transferred Equipments hereunder.
3.2 Within five (5) working days after the transfer and delivery of all
Transferred
Equipments to Party B, Party B shall pay Party A the Transfer Price in
RMB or other currencies as agreed upon by the Parties.
4. THE RELATIONSHIP BETWEEN THIS AGREEMENT AND EQUIPMENT LEASE AGREEMENT
In considering of that, prior to the effectiveness of this Agreement,
the Transferred Equipments are leased by Party A to Party B pursuant to
the Equipment Lease Agreement entered into by the Parties, the Parties
hereby agree that:
(a) Upon the effective date of this Agreement, the equipments listed
in Annex 1 hereof shall be deleted from the list of equipments
leased by Party A to Party B under the Equipment Leasing
Agreement;
(b) From the month of the effective date of this Agreement, the base
amount for calculating the rent under the Equipment Lease
Agreement shall be adjusted accordingly so that the new base
amount shall equal to the original base amount less the aggregate
original book value of the equipments listed in Annex 1 hereof.
5. REPRESENTATIONS AND WARRANTIES OF PARTY A
Party A represents and warrants to Party B that, on the execution date
of this Agreement as well as on the date of transfer of each of the
Transferred Equipments to Party B:
(a) Party A is a company duly organized and existing under the PRC
laws and has good title, use right and/or any other rights to the
Transferred Equipments and all the Transferred Equipments are
free of any lease, lien, mortgage, pledge or other encumbrances;
(b) It has all corporate powers and authorization and has taken all
corporate actions necessary for the transfer of the Transferred
Equipments hereunder;
(c) The Transferred Equipments to be transferred from Party A to
Party B are legally transferable under PRC laws.
6. INDEMNIFICATION
Party A agrees that, if it is found to be in breach of any of the
representations and warranties set forth in Article 5 hereof, it will
indemnify Party B in full for and against all losses, liabilities,
costs, charges and expenses incurred by Party B because of such breach.
7. WAIVER
A Party's failure to insist on strict and timely performance of any
provision hereunder shall not constitute a waiver of such right, nor
shall a Party's waiver of such right constitute a waiver with respect to
subsequent breaches, regardless of whether the subsequent breaches are
similar or otherwise.
1
8. SEVERABILITY
If for any reason any provision of this Agreement becomes invalid or
unenforceable in full or in part, or is in violation of any applicable
laws, such provision shall be deemed to have been deleted herefrom, and
to the extent permitted under the law and considered by the Parties at
the time of executing the Agreement, replaced by an appropriate
provision that is closest to what the Parties would have desired
according to the meaning and purpose of the Agreement. The remaining
provisions of this Agreement shall be valid and binding.
9. NOTICE
Notices and other communications between the Parties shall be prepared
in Chinese and in writing, and shall be sent to the following addresses:
For Party A:
Shengqu Information Technology (Shanghai) Co., Ltd.
Address: Room 638-7, Building ▇, ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇,
▇▇▇▇▇▇▇▇▇▇ ▇▇-▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇
For Party B:
Shanghai ▇▇▇▇▇▇ Networking Co., Ltd.
Address: ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Road,
Shanghai, PRC
10. LANGUAGE
This Agreement is executed in Chinese. This Agreement and any amendment
hereto may be executed by both Parties in separate counterparts, each
and all of which shall be original and all of which together shall
constitute one and the same instrument.
11. GOVERNING LAW AND DISPUTE RESOLUTION
11.1 This Agreement shall be governed by and construed in accordance with the
published laws of the PRC.
11.2 All disputes arising from the execution of, or in connection with this
Agreement shall be settled through friendly negotiations between the
Parties. If no settlement can be reached through friendly negotiations,
the dispute shall be submitted to the China International Economic and
Trade Arbitration Commission (CIETAC) Shanghai Commission for
arbitration in accordance with its then effective arbitration rules.
There shall be three arbitrators. The arbitration shall be held in
Shanghai and the language of the arbitration shall be Chinese. The
arbitral award shall be final and binding on both Parties. The costs of
the arbitration shall be borne by the losing Party, unless the
arbitration award stipulates otherwise.
12. COUNTERPARTS AND EFFECTIVENESS
12.1 This Agreement may be executed by the Parties separately in one or any
number of
2
counterparts, each counterpart will be an original, but all of which
together shall constitute one and the same agreement. All the
counterparts shall be identical.
12.2 This Agreement shall become effective after it is duly executed by
authorized representatives of the Parties.
13. AMENDMENTS
13.1 Any amendment to this Agreement shall be made in writing and signed by
the authorized representatives of both Parties. When necessary, an
amendment to this Agreement shall become effective upon approval of the
relevant examination and approval authority.
13.2 Matters not covered in this Agreement shall be governed in accordance
with the laws of the PRC.
IN WITNESS WHEREOF, the Parties, acting through their duly authorized
representatives, have executed this Agreement in Shanghai, the PRC as of the
date first written above.
[Remainder of this Page has Intentionally Left Blank]
3
[Execution Page]
Party A: Shengqu Information Technology (Shanghai) Co., Ltd.
(Seal)
---------------------
Authorized representative
Party B: Shanghai ▇▇▇▇▇▇ Networking Co., Ltd.
(Seal)
---------------------
Authorized representative
4
ANNEX 1
LIST OF TRANSFERRED EQUIPMENTS
Fixed Asset Code Fixed Asset Name Asset Value (RMB)
---------------- ---------------- -----------------
C150006 Server 12,658.96
C150007 Server 12,658.96
C150008 Server 12,658.96
C150009 Server 12,658.96
C110721 Server 9,598.81
C110499 Server 8,765.36
C110357 Server 8,765.36
C110358 Server 8,765.36
C150004 Server 20,329.32
C110274 Server 43,422.26
C110283 Server 10,104.92
C110493 Server 9,042.13
C110494 Server 9,042.13
C110455 Server 9,042.13
C110438 Server 10,315.76
C110495 Server 13,707.24
C150005 Server 13,021.88
C110552 Server 13,000.68
C110724 Server 10,331.20
C110723 Server 10,331.20
C110719 Server 14,250.62
C110722 Server 14,250.62
C110725 Server 14,250.62
C110726 Server 14,250.62
C110727 Server 14,250.62
C110667 Server 10,632.59
C110728 Server 16,864.47
C110973 Server 16,864.47
C111194 Server 12,323.64
C111032 Server 14,839.11
C111033 Server 14,839.11
C111034 Server 14,839.11
C111035 Server 14,839.11
5
C111036 Server 14,839.11
C111080 Server 11,149.39
C111081 Server 11,149.39
C111091 Server 14,839.11
C111092 Server 14,839.11
C110289 Server 24,464.48
C111308 Server 15,012.56
C111268 Server 15,012.56
C111269 Server 15,012.56
C170024 Server 15,012.56
C111277 Server 15,012.56
C111276 Server 15,012.56
C111270 Server 16,597.22
C111274 Server 15,012.56
C111275 Server 16,597.22
C111271 Server 16,597.22
C111272 Server 15,012.56
C111273 Server 15,012.56
C111241 Server 15,012.56
C170025 Server 15,012.56
C110175 Server 28,736.84
C190199 Server 10,280.44
C190198 Server 10,280.44
C190196 Server 10,280.44
C190197 Server 10,280.44
C190177 Server 10,280.44
C190201 Server 10,280.44
C190202 Server 10,280.44
C190153 Server 10,280.44
C190200 Server 10,280.44
C190154 Server 10,280.44
C190178 Server 10,280.44
C190323 Server 14,542.91
C190322 Server 14,542.91
C170615 Server 18,905.79
C170618 Server 16,906.14
C190329 Server 14,542.91
C111340 Server 17,075.50
6
C111339 Server 17,075.50
C111337 Server 17,075.50
C111348 Server 17,075.50
C111338 Server 17,075.50
C170434 Server 81,437.00
C170435 Server 81,437.00
C190613 Server 18,552.48
C190617 Server 18,552.48
C190618 Server 18,552.48
C190619 Server 18,552.48
C190620 Server 18,552.48
C190603 Server 17,257.20
C190604 Server 17,257.20
C190622 Server 18,552.48
C150016 Server 9,694.13
C150012 Server 13,021.88
Total: 87 Total Value: 1,389,785.83
7
ANNEX 2:
ACKNOWLEDGEMENT LETTER
Party A and Party B hereby jointly acknowledge that Party A has transferred to
Party B and Party B has acquired from Party A all Transferred Equipments to be
transferred under the SUPPLEMENTAL AGREEMENT TO ASSET TRANSFER AGREEMENT.
Party A: Shengqu Information Technology (Shanghai) Co., Ltd.
---------------------
Seal
Party B: Shanghai ▇▇▇▇▇▇ Networking Co., Ltd.
---------------------
Seal
Date of acknowledgement: [ ] [ ], 2003
8
