X0203 3 2008-05-23 0 0001336644 UNIVERSAL TRAVEL GROUP utvg 0001454607 Liquan Wang UNIVERSAL TRAVEL GROUP, 3F HUALIAN BLDG NO.2008 SHENNAN ROAD CENTRAL FUTIAN DISTRICT, SHENZHEN F4 518031 CHINA 1 0 0 0 Options 0.9 2010-01-20 2019-01-19 Common Stock 30000 D This option (the "Option") was issued pursuant to the Company's 2009 Incentive Stock Plan and the Incentive Stock Option Agreement dated as of January 20, 2009. The Option shall become exercisable during the term of the Reporting Person's employment in six (6) equal annual installments of 5,000 shares of common stock each, the first installment to be exercisable on the first anniversary of the date of this Option (the "Initial Vesting Date"), with additional installments becoming exercisable on each of the successive periods following the Initial Vesting Date. /s/ Jessica S. Yuan, Attorney-at-Law 2009-01-26