DRAFT: CMH/JJXC 12 January 2012 JOINT VENTURE LETTER [e] January 2012 From: I.W.Osborne (HK) Limited of 4603-4609, 46th Floor, Jardine House, One Connaught Place, Central, Hong Kong with registration number 1581594 To: [Jacob Burda Investment Vehic

f the Parties are unable to resolve the deadlock situation in accordance with paragraph 3(A) above, then Argosophia GmbH agrees to grant I.W.Osbome (HK) Limited (and any subsequent transferee of all ordinary shares in the Company held by it) a right to purchase (the 'call option') all ordinary shares not ow

DRAFT: CMH/JJXC 12 January 2012 JOINT VENTURE LETTER [e] January 2012 From: I.W.Osborne (HK) Limited of 4603-4609, 46th Floor, Jardine House, One Connaught Place, Central, Hong Kong with registration number 1581594 To: [Jacob Burda Investment Vehic