Exhibit 10.81
Authorization Agreement
I, Xxx Xxx, a Chinese citizen with ID Card No. 110108721231631, hereby
irrevocably authorizes Xx. Xxxx Qindai to exercise the following powers and
rights during the term of this Authorization Agreement:
I hereby authorizes Xx. Xxxx Qindai to exercise on my behalf at the
shareholders' meetings of Beijing Enterprise Network Technology Co., Ltd.
("Company") the full voting rights as the 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 me and acting as my
authorized representative on the shareholders' meeting of the Company to
designate and appoint the directors of the Company.
Such authorization is based upon the condition that Xx. Xxxx 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 Xx. Xxxx Qindai no longer holds the position of the general
manager of Hurray! Times Communications (Beijing) Ltd., such authorization as
granted to him by me hereunder shall be automatically terminated. Then I will
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 my behalf 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., Xxxx Xxxxxxxx and me by any reason. This
Authorization Agreement is executed in Chinese.
By: /s/ Xxx Xxx
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August 15, 2004
