Common use of Form of the Exercise Notice Clause in Contracts

Form of the Exercise Notice. To: [name of Each of Shareholders] In view of the Exclusive Option Agreement dated as of [ ] (the “Option Agreement”) entered into by and among the undersigned, the Company and [name of Each of Shareholders], pursuant to which you shall, upon request by us and to the extent permitted by the PRC laws and regulations, transfer the assets of the Company to us or any third party designated by us. Therefore, we hereby issue this notice to you as follows: We hereby request the exercise of the Assets Call Option under the Option Agreement and that the equity you have in the Company (the “Proposed Transferred Assets”) be transferred to us/ [name of company/individual] designated by us. You are required to promptly transfer all the Proposed Transferred Assets to us/ [name of the designated company/individual] upon receipt of this notice in accordance with the terms of the Option Agreement. Yours faithfully, Tencent Music (Beijing) Co., Ltd. (Company seal) Authorized Representative: Date: