Exhibit 10.32
Authorization Agreement
I, Xiang Songzuo, a citizen of the People's Republic of China (the "PRC"),
ID Code 110108650128011, hereby irrevocably authorize ▇▇. ▇▇▇▇ Qindai to
exercise the following powers and rights during the term of this Authorization
Agreement:
I hereby authorize ▇▇. ▇▇▇▇ Qindai to exercise on my behalf at the
shareholders' meetings of Hurray! Solutions Ltd. ("Company") the full voting
rights as a shareholder of the Company as have been given to me by law and under
the Articles of Association of the Company, including but not limited to, the
voting rights regarding the sale or transfer of any or all of the shares of the
Company held by myself and acting as my authorized representative at the
shareholders' meeting of the Company to designate and appoint the directors of
the Company.
Such authorization is based upon the condition that ▇▇. ▇▇▇▇ Qindai is
acting as the general manager of Hurray! Times Communications (Beijing) Ltd. and
Hurray! Times Communications (Beijing) Ltd. agrees to such authorization and
designation. Once ▇▇. ▇▇▇▇ Qindai no longer holds the position of general
manager of Hurray! Times Communications (Beijing) Ltd., such authorization as
granted to him hereunder shall be automatically terminated. Then I shall
designate/authorize the Chinese successor of the position of the general manager
of Hurray! Times Communications (Beijing) Ltd. to exercise the full voting
rights on behalf of myself at the shareholders' meetings of the Company.
The term of this Authorization Agreement is 10 years commencing from the
execution date of this Authorization Agreement unless the early termination of
the Operating Agreement jointly executed by the Company, Hurray! Times
Communications (Beijing) Ltd., myself and Wang Qindai by any reason. This
Authorization Agreement is executed in Chinese.
/s/ Xiang Songzuo
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May 5, 2004