Ring Back Tone License Agreement - Sony Music (Asia) Inc. and Linktone Consulting Ltd.
RING BACK TONE LICENSE AGREEMENT ("LICENSE") Agreement made as of the 6th day of May, 2003 BETWEEN: SONY MUSIC (ASIA) INC. of Suites 2801-13, 28th Floor, CITIC Tower, No.1 Tim Mei Avenue, Admiralty, Hong Kong (hereinafter "Licensor") AND LINKTONE CONSULTING LTD. of Harbour Ring Plaza, 6th Floor, 18 Xi Zang Zhong Road, Shanghai, 200001, People's Republic of China (hereinafter "Licensee"). IT IS AGREED AS FOLLOWS:- 1. GRANT OF RIGHTS 1.1. Solely with respect to Licensor's ownership interest in each Recording (as specified on Schedule A hereto), Licensor grants to Licensee the exclusive right, privilege and license, during the Term (as specified on Schedule A hereto) and throughout the Territory (as specified on Schedule A hereto) as follows:- (a) to reproduce the Recordings onto Licensee's computer server(s) solely for its internal business purposes and for subsequent distribution to Approved Sublicensee(s) listed on Schedule A for use in their respective ring back tone services offered to their respective subscribers ("Subscribers") in the Territory to personalize the connecting tone to be heard by the calling parties over a regional wireless transmission network (e.g., IVR or WAP), provided (i) Licensor shall be the exclusive supplier of music content to each Approved Sublicensee's ring back tone service during the first month such service is launched; and (ii) Licensor shall be the dominant supplier supplying more than 50% of music content to each Approved Sublicensee's ring back tone service during month two to month four (both months inclusive) such service is launched; and (b) to reproduce the Recordings for Subscribers to pre-listen the ring back tone over the Internet provided (i) the Recordings shall not exceed fifteen (15) seconds and (ii) the Recordings are protected from permanent download and further copying. 1.2. This License does not include any right or authority to make any use of the Recordings not expressly authorised herein. This license is subject to the express 1 <PAGE> condition that the Licensee has or will obtain all other licenses and consents that are required in connection with the reproduction and the public performance of the Recordings. This shall include, but not limited to, any valid licenses being obtained from the music publishers who control any musical works contained in the Recordings and any applicable music publishing organizations. 1.3. This license is subject to the express condition that the retail price for each Recording to be used in the ring back tone service(s) offered in the Territory shall, unless otherwise approved by Licensor in writing, be at least 3 Reminbi and for the avoidance of doubt, this price shall exclude any promotional discounts which Approved Sublicensee(s) may offer to Subscribers. Licensee shall give at least ten days advance notice to Licensor in case there are any price adjustments based on discounts/promotions offered by Approved Sublicensee(s) to Subscribers and any discounts/promotions offered in connection with the Recordings can only be offered to Subscribers with Licensor's prior written approval. 1.4. No right is granted to Licensee hereunder to use the Recordings in connection with any advertisement or commercial, including but limited to isolating or positioning a Recording in a way that could be construed as advertising or promoting any product or service, including any promotion of Licensee's or Approved Sublicensee(s)' products or services. 1.5. No use of any Recording as permitted herein shall exceed forty (00:40) seconds, except as otherwise approved in writing by Licensor. The Recordings shall not be edited, modified or otherwise altered, except with the prior written approval from Licensor. 1.6. All rights not specifically granted herein are reserved by Licensor. 2. LICENSEE OBLIGATIONS (a) Licensee agrees to comply with any and all restrictions communicated to Licensee by Licensor relating to Territory, name and likeness, trademark, use restrictions and any other restrictions to which Licensor may be contractually bound. In particular, Licensee shall not use Licensor's name or its labels, or the name, likeness or biographical materials of any artist performing the Recordings, including without limitation, in advertising or press releases without Licensor's prior written approval. (b) Licensee shall obtain all necessary licenses from relevant copyright owners that are required in connection with the reproduction and public performance of the Recordings so as to comply with copyright laws in the Territory, including but not limited to any valid licenses being obtained from the music publishers who control any musical works contained in the Recordings and any applicable music publishing organizations and shall make the payment of all fees, royalties or other charges in connection therewith. 2 <PAGE> (c) In the event that Licensor shall request for any reason that Licensee cease exploiting any Recording pursuant to the rights granted hereunder prior to the expiration of the Term, Licensee shall do so immediately after receiving notice of such request. (d) If so requested by Licensor, Licensee shall make available to Licensor any aggregate, non-identifiable end-user data Licensee or Approved Sublicensee(s) collect relating to Subscribers who have subscribed for the Recordings licensed hereunder as ring back tones. Any such data shall be made available to Licensor, on a regular basis during the Term and for sixty (60) days after the Term, in all formats maintained by Licensee. (e) Licensee will use its best endeavours to procure that each Approved Sublicensee will ensure that (i) all the ring back tones used in its ring back tone service will be supplied by Licensor during the first month it launches such service, (ii) at least 50% of the ring back tones used in its ring back tone service will be supplied by Licensor during month two to month four (both months inclusive) it launches such service; (iii) the retail price for each Recording used in its ring back tone service will be at least 3 Reminbi (which excludes any promotional discounts which it may offer to Subscribers) during the Term; (iv) it will give at least one month advance notice to Licensee/Licensor in case there are any price adjustments based on discounts/promotions which it may offer to Subscribers; and (v) it will obtain Licensor's prior written approval before it offers any discounts/promotions to Subscribers in connection with the Recordings. (f) At Licensor's request, Licensee will provide Licensor with digital copies of any digitized Recordings and other artistic and literary materials or promotional content which Licensor had supplied to Licensee pursuant to this License, and Licensor may freely exploit them in its own discretion. (g) Licensee will use its best endeavours to procure each Approved Sublicensee be responsible and pay for all delivery, billing and customer support in connection with the ring back tone service(s) which it may offer to Subscribers, which delivery, billing and customer support shall be performed in a professional and commercially reasonable manner in accordance with the industry standards of the Hong Kong mobile market. Licensee shall be responsible for billing each Approved Sublicensee at its own costs. 3. ROYALTY AND ROYALTY ACCOUNTINGS (a) In consideration for the rights granted herein, Licensee shall pay to Licensor royalties at ********** (*) *************** for each Recording used as a ring back tone ("Royalty"). 3 CONFIDENTIAL TREATMENT HAS BEEN REQUESTED AND CONFIDENTIAL TERMS HAVE BEEN OMITTED <PAGE> (b) Licensee shall render to Licensor true and detailed accounting statements, in electronic or digital format, of all royalties payable hereunder no less often than fifteen (15) days following its receipt of the monthly payment from Approved Sublicensees, but in no event shall such payments be made later than thirty (30) days after the end of each calendar month. The statements shall report all royalty bearing transactions on a Recording-by-Recording basis, including but not limited to reporting on each Recording by title, performing artist, total revenue received from Subscibers, the number of subscriptions of such Recording, the amount of tax to be withheld and the resultant Royalty payable hereunder. Each accounting statement shall be accompanied by payment to Licensor of all royalties due. (c) All payments to Licensor shall be computed in Reminbi and remitted to Licensor in United States dollars to an account in Hong Kong designated by Licensor. Each conversion from another currency for the purpose of computing such payments shall be calculated at the rate of exchange in effect on the date the statement concerned is rendered. (d) Licensee shall maintain accurate and complete records and accounting books with regard to the licensing and exploitation of the Recordings, including but not limited to, all information needed to compute and verify the amounts payable to Licensor hereunder. Licensor may audit such records and books. Licensor may make such an examination for a particular statement only once. Upon no less than thirty (30) days' notice, Licensor may conduct such audit during Licensee's normal business hours at the place where Licensee keeps such records and books to be examined. Any audit shall be conducted at Licensor's sole expense, except that if any audit reveals an error resulting in underpayment to Licensor of five (5%) percent or more of the total amount accounted to Licensor during the accounting periods audited, Licensee shall pay to Licensor all reasonable audit costs, including travel, hotel and per diems, together with the underpayment. Any royalties owed and unpaid to Licensor shall accumulate interest at one (1%) percent above The Hong Kong and Shanghai Banking Corporation's prime lending rate. 4. TERMINATION (a) Licensor may terminate this License by giving Licensee notice in any of the following circumstances: (i) Licensee fails to perform any of its obligations under this License for any reason (including impossibility of performance) and such failure has not been remedied to Licensor's satisfaction within thirty (30) days after Licensee's receipt of Licensor's written notice thereof. (ii) Licensee attempts to assign any of its rights under this License without Licensor's prior written consent, or if any of those rights succeeds to any other person or entity by operation of law. 4 <PAGE> (iii) If the control or ownership of Licensee or any of Licensee's capital stock vests, directly or indirectly, in any person or entity except the persons or entities who actually own Licensee's outstanding capital stock as of the date of this License, without Licensor's prior written consent. (b) This License will terminate automatically, without notice, if any of the following occurs: (i) Licensee is dissolved or its assets are liquidated, or if Licensee becomes insolvent. (ii) A bankruptcy proceeding, for a reorganization or for other relief from the claims of creditors, or any similar proceeding, takes place with respect to Licensee or its assets. (c) A termination of the License under this Clause 4 will not limit or affect any of Licensor's other rights. (d) Upon the expiration or termination of the Term, all of Licensee's rights hereunder shall terminate. Licensee shall delete, or cause to be deleted, the Recordings from any database or computer server which might be used to transmit, deliver or otherwise distribute the Recordings to any Approved Sublicensee(s) or Subscribers, and Licensee shall (and shall procure all Approved Sublicensee(s)) make no further use whatsoever of the Recordings. Licensee shall destroy all existing copies of the Recordings and furnish to Licensor an affidavit of destruction within fifteen (15) days after the end of the Term. 5. NOTICES: All notices under this License will be in writing and will be given by registered or certified mail, return receipt requested, at the respective addresses shown above or such other address as either party shall designate. Notices shall be deemed given when mailed, except that a notice of change of address shall be effective only from the date of its receipt. 6. MOST FAVORED NATIONS: If at any time during the Term hereof, Licensee pays any royalty for the same or equivalent rights as granted herein to any other major international record companies, or to any agent of the same (including any music industry rights society), that is greater or more beneficial than the Royalty specified above, Licensee shall pay such royalty and offer such other financial terms to Licensor retroactively to the accounting period during which such higher royalty and other sum(s) are accounted to such other record companies. 7. WARRANTIES, REPRESENTATIONS, AND INDEMNITIES (a) With respect to its ownership interests in the Recordings described in Schedule A, 5 <PAGE> Licensor represents, warrants and agrees that it has the full right, power and authority to enter into this License and to grant to Licensee all the rights hereunder on the terms and conditions set forth herein. (b) Licensee warrants, represents and agrees as follows: (i) Licensee's principal place of business is located within the People's Republic of China. (ii) Licensee shall take all steps, if reasonably and commercially available, to secure and maintain protection of the Recordings, by way of encryption or otherwise, as permitted pursuant to copyright and equivalent or similar laws throughout the Territory. (iii) Upon written instruction from Licensor, Licensee shall not license or distribute any Recording to any third party that is engaged in piracy, illegal activities or other unauthorized use of the Recordings, or that has otherwise been designated by the IFPI or other such body as an illegal producer or distributor. (iv) Licensor owns all right, title and interest, including all the intellectual property rights, in and to the Recordings. Except as otherwise expressly stated herein, nothing in this License shall be construed to grant Licensee any license or right, by implication, estoppel or otherwise, to any intellectual property of Licensor, including without limitation, trademarks, copyrights, patents or trade secrets. (v) If Licensee becomes aware of any unauthorized use of the Recordings or other illegal activities concerning Licensor's rights in the Recordings by any third party, Licensee shall immediately notify Licensor thereof and shall cooperate with Licensor (at Licensor's sole expense) in the event that Licensor commences any action or proceeding against such third party. (c) Each party hereunder will hold the other party, its successors, assigns, agents and licensees, free and harmless from and against any and all claims, demands, damages, expenses, losses or costs (including reasonable attorney's fees and costs), or any sums paid in settlement, arising out of or incurred as a direct result of any actual breach of the representations, warranties, agreements and undertakings of or by the party concerned. 8. MISCELLANEOUS (a) No designation, approval, or consent provided for in this License will be deemed given unless set forth in writing and signed by an authorized officer or representative of the party concerned. (b) This License contains the entire understanding of the parties and cannot be changed, amended or terminated except by an instrument signed by an officer of each party. 6 <PAGE> A waiver of any provision of this License will not waive that provision for the future or waive any subsequent breach of it. All remedies, rights, and obligations in this License shall be cumulative and none of them shall be in limitation of any other remedy, right, or obligation of either party. (c) This License shall only be construed in accordance with the substantive and procedural laws of the Hong Kong Special Administrative Region. (d) The relationship of the parties is that of independent contractors and nothing in this License shall render either party an agent of the other. (e) This License will not become effective until executed and delivered by Licensor and Licensee. Signed: /s/ Richard Denekamp ------------------------------- For and on behalf of SONY MUSIC (ASIA) INC. ("Licensor") Name: Richard Denekamp Position : President Signed: /S/Raymond Lei Yang ------------------------------- For and on behalf of LINKTONE CONSULTING LTD. ("Licensee") Name: Raymond Lei Yang Position: Chief Executive Officer 7 <PAGE> SCHEDULE A Recording(s): All recordings listed on attached Schedule B. Licensor acknowledges that Licensee may intend to use additional recordings from time to time as ring back tones, and that Licensee will supply Licensor from time to time with a list of proposed recordings to be added to Schedule B, subject to Licensor's written approval. Term: From 12 May 2003 to 11 November 2003, renewable for a six-month period starting from 12 November 2003 and ending on 11 April 2004 unless Licensor gives not less than 1 month prior written notice to Licensee before the expiry of the initial term, in which case the term will end on 11 November 2003. Territory: The People's Republic of China (excluding the Hong Kong Special Administrative Region, the Macau Special Administrative Region and the Taiwan Province) Approved Sublicensee(s): Shanghai Mobile Communications Corporation and (Clause 1.1 (a) ) such other mobile operators as Licensor shall approve in writing from time to time. Copyright notice: "ALL RIGHT RESERVED - UNAUTHORISED COPYING, REPRODUCTION, PUBLIC PERFORMANCE AND BROADCASTING PROHIBITED." 8 <PAGE> SCHEDULE B List of Recordings <TABLE> <CAPTION> No. Titles Artists ------------------------------------------------------------------------------------------ <S> <C> <C> 1 Single Room Double Bed Karen Mok ------------------------------------------------------------------------------------------ 2 Love Karen Mok ------------------------------------------------------------------------------------------ 3 How much time you give me Karen Mok ------------------------------------------------------------------------------------------ 4 If you were Li Bai Karen Mok ------------------------------------------------------------------------------------------ 5 Not Definite Karen Mok ------------------------------------------------------------------------------------------ 6 Meteor Shower F4 ------------------------------------------------------------------------------------------ 7 At Once F4 ------------------------------------------------------------------------------------------ 8 I Really Really Love You F4 ------------------------------------------------------------------------------------------ 9 Can't Loose You F4 ------------------------------------------------------------------------------------------ 10 Season of Fireworks F4 ------------------------------------------------------------------------------------------ 11 Love Zone F4 ------------------------------------------------------------------------------------------ 12 Te Amo I Love You F4 ------------------------------------------------------------------------------------------ 13 Me only F4 ------------------------------------------------------------------------------------------ 14 Ask For More F4 ------------------------------------------------------------------------------------------ 15 Make a Wish Vic Chou ------------------------------------------------------------------------------------------ 16 Love you because I love you Vic Chou ------------------------------------------------------------------------------------------ 17 Lonely Winter Vic Chou ------------------------------------------------------------------------------------------ 18 How come it is you Vic Chou ------------------------------------------------------------------------------------------ </TABLE> 9 <PAGE> <TABLE> <S> <C> <C> 19 The special existence Vic Chou ----------------------------------------------------------------------------------------------- 20 Rigid for you Vic Chou ----------------------------------------------------------------------------------------------- 21 SOS Hotline Vic Chou ----------------------------------------------------------------------------------------------- 22 My Friend Vanessa Wu ----------------------------------------------------------------------------------------------- 23 Physiological Test Vanessa Wu ----------------------------------------------------------------------------------------------- 24 Who makes you cry Vanessa Wu ----------------------------------------------------------------------------------------------- 25 Who do you love if not me Vanessa Wu ----------------------------------------------------------------------------------------------- 26 Searching of Juliet Vanessa Wu ----------------------------------------------------------------------------------------------- 27 Body can sing Vanessa Wu ----------------------------------------------------------------------------------------------- 28 Lonely Plaza Vanessa Wu ----------------------------------------------------------------------------------------------- 29 See you as friend Ken Chu/ Vanessa Wu ----------------------------------------------------------------------------------------------- 30 Sunny Day Ken Chu ----------------------------------------------------------------------------------------------- 31 Here We Are Ken Chu ----------------------------------------------------------------------------------------------- 32 Love will not always wait for you Ken Chu ----------------------------------------------------------------------------------------------- 33 I Really Really Love You Jerry ----------------------------------------------------------------------------------------------- 34 Must have you Jerry ----------------------------------------------------------------------------------------------- 35 Bias Linda ----------------------------------------------------------------------------------------------- 36 Closet Concert Linda ----------------------------------------------------------------------------------------------- 37 Want to escape Linda ----------------------------------------------------------------------------------------------- 38 Julia Leehom Wang ----------------------------------------------------------------------------------------------- 39 Take Your Time Leehom Wang ----------------------------------------------------------------------------------------------- 40 Couldn't have missed you Leehom Wang ----------------------------------------------------------------------------------------------- </TABLE> 10 <PAGE> <TABLE> <S> <C> <C> 41 Revolution and Rotation Leehom Wang ----------------------------------------------------------------------------------------------- 42 Forever First Day Leehom Wang ----------------------------------------------------------------------------------------------- 43 Crying Palm Leehom Wang ----------------------------------------------------------------------------------------------- 44 Only One Leehom Wang ----------------------------------------------------------------------------------------------- 45 Love you = Love myself Leehom Wang ----------------------------------------------------------------------------------------------- 46 You are the one I love Leehom Wang ----------------------------------------------------------------------------------------------- 47 Heir of dragons Leehom Wang ----------------------------------------------------------------------------------------------- 48 W-H-Y Leehom Wang ----------------------------------------------------------------------------------------------- 49 Two people are not us Leehom Wang ----------------------------------------------------------------------------------------------- 50 Don't be afraid Leehom Wang ----------------------------------------------------------------------------------------------- 51 Loving you with my life Leehom Wang & Mindy ----------------------------------------------------------------------------------------------- 52 Pet Boy Coco Lee ----------------------------------------------------------------------------------------------- 53 Aegean Sea Coco Lee ----------------------------------------------------------------------------------------------- 54 Sorry Baby Coco Lee ----------------------------------------------------------------------------------------------- 55 Before I Fall In Love Coco Lee ----------------------------------------------------------------------------------------------- 56 Di Da Di Coco Lee ----------------------------------------------------------------------------------------------- 57 So Crazy Coco Lee ----------------------------------------------------------------------------------------------- 58 Sunny Day Coco Lee ----------------------------------------------------------------------------------------------- 59 Chinese Opera Actress Coco Lee ----------------------------------------------------------------------------------------------- 60 Today till forever Coco Lee ----------------------------------------------------------------------------------------------- 61 Good Mood Coco Lee ----------------------------------------------------------------------------------------------- </TABLE> 11 <PAGE> <TABLE> <S> <C> <C> 62 You are my Superman Coco Lee ------------------------------------------------------------------------------------------------ 63 Every time thinking of you Coco Lee ------------------------------------------------------------------------------------------------ 64 Yesterday Love Coco Lee ------------------------------------------------------------------------------------------------ 65 Shinny Promise Coco Lee ------------------------------------------------------------------------------------------------ 66 Beautiful Foolish Woman Coco Lee ------------------------------------------------------------------------------------------------ 67 Real Lover Coco Lee ------------------------------------------------------------------------------------------------ 68 Really want to see you Coco Lee ------------------------------------------------------------------------------------------------ 69 Awaiting Love to Land Coco Lee ------------------------------------------------------------------------------------------------ 70 Answer Coco Lee ------------------------------------------------------------------------------------------------ 71 Loving you is my freedom Coco Lee ------------------------------------------------------------------------------------------------ 72 Can love you Coco Lee ------------------------------------------------------------------------------------------------ 73 Love me longer Coco Lee ------------------------------------------------------------------------------------------------ 74 Indication Coco Lee ------------------------------------------------------------------------------------------------ 75 Bumping see love Coco Lee ------------------------------------------------------------------------------------------------ 76 After Winter Coco Lee ------------------------------------------------------------------------------------------------ 77 Love you silently Coco Lee ------------------------------------------------------------------------------------------------ 78 Color Coco Lee ------------------------------------------------------------------------------------------------ 79 Magic Mirror Coco Lee ------------------------------------------------------------------------------------------------ 80 She cries before sleep Coco Lee / Mindy Quah ------------------------------------------------------------------------------------------------ 81 Waking up in Autumn Mindy Quah ------------------------------------------------------------------------------------------------ 82 Stream Mindy Quah </TABLE> 12 <PAGE> <TABLE> <S> <C> <C> 83 Love me Mindy Quah ---------------------------------------------------------------------------------------------- 84 Ears of the neighbors Mindy Quah ---------------------------------------------------------------------------------------------- 85 Broken String Mindy Quah ---------------------------------------------------------------------------------------------- 86 Note Book Zhou Chuanxiong ---------------------------------------------------------------------------------------------- 87 Shinny Days Meng Tingwei ---------------------------------------------------------------------------------------------- 88 Second Rainbow Meng Tingwei ---------------------------------------------------------------------------------------------- 89 Single Love Song Terry Lin ---------------------------------------------------------------------------------------------- 90 Dismiss Terry Lin ---------------------------------------------------------------------------------------------- 91 Give you some, not give you some Terry Lin ---------------------------------------------------------------------------------------------- 92 Tears of Mona Liza Terry Lin ---------------------------------------------------------------------------------------------- 93 When there's no moon Alice Hong ---------------------------------------------------------------------------------------------- 94 I love summer Tolaku ---------------------------------------------------------------------------------------------- 95 LA LA LA Tolaku & Candy Lo ---------------------------------------------------------------------------------------------- 96 Closer Chris Yu ---------------------------------------------------------------------------------------------- 97 Xia Sha Chris Yu ---------------------------------------------------------------------------------------------- 98 May Snow Chris Yu ---------------------------------------------------------------------------------------------- 99 Subways Chris Yu ---------------------------------------------------------------------------------------------- 100 Soup of Granny Meng Chris Yu ---------------------------------------------------------------------------------------------- 101 Roaming Dog Chris Yu ---------------------------------------------------------------------------------------------- 102 Love to the end Chris Yu ---------------------------------------------------------------------------------------------- 103 In love with another woman Chris Yu ---------------------------------------------------------------------------------------------- 104 The woman downstairs Chris Yu ---------------------------------------------------------------------------------------------- </TABLE> 13 <PAGE> <TABLE> <S> <C> <C> 105 Colour Butterfly Chris Yu ----------------------------------------------------------------------------------------------- 106 Caring person, loving person Joi Tsai & Chris Yu ----------------------------------------------------------------------------------------------- 107 Love like Tides Joi Tsai ----------------------------------------------------------------------------------------------- 108 Express Love Stella Huang ----------------------------------------------------------------------------------------------- 109 The 7th day after break up Stella Huang ----------------------------------------------------------------------------------------------- 110 Graduation Trip Stella Huang ----------------------------------------------------------------------------------------------- 111 Meat Patty Kiki Lan ----------------------------------------------------------------------------------------------- 112 Dashes Kiki Lan ----------------------------------------------------------------------------------------------- 113 Love is gone Kiki Lan ----------------------------------------------------------------------------------------------- 114 Tropical Fish Kiki Lan ----------------------------------------------------------------------------------------------- 115 Wale Kiki Lan ----------------------------------------------------------------------------------------------- 116 Candy Kiki Lan ----------------------------------------------------------------------------------------------- 117 Your call Kiki Lan & Tolaku ----------------------------------------------------------------------------------------------- 118 Spirit of the Knights Jolin Tsai ----------------------------------------------------------------------------------------------- 119 See my 72 changes Jolin Tsai ----------------------------------------------------------------------------------------------- 120 Confession of a fake face Jolin Tsai ----------------------------------------------------------------------------------------------- 121 Bragg Square Jolin Tsai ----------------------------------------------------------------------------------------------- 122 Say Love You Jolin Tsai ----------------------------------------------------------------------------------------------- 123 Hey!Hah! Comic Boyz ----------------------------------------------------------------------------------------------- 124 Love perusal reproduction Comic Boyz ----------------------------------------------------------------------------------------------- 125 Superman Heart Comic Boyz ----------------------------------------------------------------------------------------------- 126 I'm still loving you with my heart Pan Mei-chen ----------------------------------------------------------------------------------------------- </TABLE> 14 <PAGE> <TABLE> <S> <C> <C> 127 I can scarify for you Pan Mei-chen --------------------------------------------------------------------------------------------- 128 Extraordinary Lu Yi --------------------------------------------------------------------------------------------- 129 Confession Lu Yi --------------------------------------------------------------------------------------------- 130 At lease leaving earlier than you do Lu Yi /Candy Lo --------------------------------------------------------------------------------------------- 131 I need you Man Wenjun --------------------------------------------------------------------------------------------- 132 Story Man Wenjun --------------------------------------------------------------------------------------------- 133 Beautiful you Man Wenjun --------------------------------------------------------------------------------------------- 134 Loved, Dismissed Da Di --------------------------------------------------------------------------------------------- 135 Fire in Heart Da Di --------------------------------------------------------------------------------------------- 136 Close Lover Wang Ziming --------------------------------------------------------------------------------------------- 137 Unfamiliar Yang Yun --------------------------------------------------------------------------------------------- 138 Remember Han Xue --------------------------------------------------------------------------------------------- 139 Boom Anastacia --------------------------------------------------------------------------------------------- 140 One Heart Celine Dion --------------------------------------------------------------------------------------------- 141 Have You Ever Been In Love Celine Dion --------------------------------------------------------------------------------------------- 142 A New Day Has Come (Radio Remix) Celine Dion --------------------------------------------------------------------------------------------- 143 I'm Alive Celine Dion --------------------------------------------------------------------------------------------- 144 Goodbye's (The Saddest Word) Celine Dion --------------------------------------------------------------------------------------------- 145 Insatiable Darren Hayes --------------------------------------------------------------------------------------------- 146 All I Have Jennifer Lopez --------------------------------------------------------------------------------------------- 147 Jenny From The Block Jennifer Lopez --------------------------------------------------------------------------------------------- 148 Alive Jennifer Lopez --------------------------------------------------------------------------------------------- </TABLE> 15 <PAGE> <TABLE> <S> <C> <C> 149 Let's Get Aloud Jennifer Lopez --------------------------------------------------------------------------------------------- 150 The Ketchup Song (Asereje) Las Ketchup --------------------------------------------------------------------------------------------- 151 I Need To Know Marc Anthony --------------------------------------------------------------------------------------------- 152 You Rock My World Michael Jackon --------------------------------------------------------------------------------------------- 153 Whenever, Wherever Shakira --------------------------------------------------------------------------------------------- </TABLE> 16 <PAGE> SONY MUSIC (ASIA) INC. SUITES 2801-13, 28TH FLOOR, CITIC TOWER, NO. 1 TIM MEI AVENUE, ADMIRALTY, HONG KONG TEL: 2864-6200 Fax: 2864-6222 Dated as of 11th November, 2003 Shanghai Linktonc Consulting Co:, Ltd. Harbour Ring Plaza 6th Floor, 18 Xi Zang Zhong Road Shanghai 200001 People's Republic of China Attn: Mr. Raymond Yang. CEO Dear Sirs, RING BACK TONE LICENSE AGREEMENT DATED AS OF 6TH MAY, 2003 We refer to the ring back tone license agreement dated as of 6th May, 2003 between ourselves as licensor and yourselves as licensee, as it may be amended in writing from time to time (the "License Agreement"). Terms defined in the License Agreement shall have the same meaning when used herein. We are writing to confirm that we agree to renew the Term of the Agreement for 6 months (ie., until 11th May, 2004, hereafter the "Renewed Term"), subject to the following conditions: 1. You will pay us quarterly advances (each an "Advance") effective from 1st January, 2004. The amount of each Advance shall be equal to the Royalty payable by you to us in the preceding calendar quarter and the Advance shall be paid when you account Royalty to us for March, June, September or December (as the case may be) pursuant to clause 3 of the License Agreement and the first Advance shall be due in January 2004. Each Advance paid is not refundable, but is recoupable from all the Royalty payable by you to us under clause 3 of the License Agreement during the relevant calendar quarter. For instance, when you account Royalty to us for December 2003 in January 2004 pursuant to clause 3 of the License Agreement, you have to pay us at the same time an Advance equal to all the Royalty paid or payable by you to us for the period from 1st October to 31st December, 2003 and that such Advance is only recoupable from the Royalty payable by you to us during the period 1st January to 31st March, 2004. The 17 <PAGE> amount of Advance will be pro-rated for the remainder of the Term which is shorter than a calendar quarter. 2. We have the right to terminate the exclusivity of this Agreement by giving you 7 days of prior written notice if the ring back tone service is also available directly through any content providers (rather than through mobile operators atone). 3. The automatic renewal option provided for under the heading "Term" in schedule A of the License Agreement is not applicable in the Renewed Term. 4. You will continue to comply with your obligations under the License Agreement and that you will also procure the Sub-licensees to comply with the terms of the License Agreement to the extent that such terms are applicable to them during the Renewed Term. Save as amended hereunder, the License Agreement shall remain in full force and effect. Please confirm your agreement to the above by signing and returning the duplicate copy of this letter to us. Yours faithfully, For and on behalf of Sony Music (Asia) Inc. /s/ Richard Denekamp ---------------------------- President Agreed and accepted. For and on behalf of Shanghai Linktone Consulting Co., Ltd. /s/ Raymond Yang --------------------------- CEO 18