Free Non-Compete Agreement Template 07Free Non-Compete Agreement Template 07Free Non-Compete Agreement Template 07
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NON-COMPETITION AGREEMENT
This Non-Competition Agreement is dated as of March 14, 2014, by and between SINA Corporation, an
exempted company with limited liability incorporated under the laws of the Cayman Islands ("SINA"), and Weibo
Corporation, an exempted company with limited liability incorporated under the laws of the Cayman Islands
("Weibo") (each of SINA and Weibo a "Party" and, together, the "Parties").
Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms
in Article 1 hereof.
R E C ITALS
WHEREAS, as of the date hereof, SINA owns 140,000,000 issued and outstanding Ordinary Shares of
Weibo, representing 77.6% of total number of Ordinary Shares of Weibo on an as-converted basis;
WHEREAS, SINA has been engaged in the Weibo Business through Weibo and/or Weibo's subsidiaries
and VIE, as more fully described in a draft Registration Statement on Form F-1 confidentially submitted for review
and comment by the SEC under the U.S. Securitie