Termination Agreement
Exhibit 4.71
This Agreement is executed on 25 October 2005 by and among the following parties:
Party A: Xxxx Xxxx Xxx Xxx (Beijing) Technology Co., Ltd. (Party A)
Registered Address: Room C 604, Xx.00 Xx Xxxx Xxx Xxxxxx, Xxxxxxx EconomicTechnology Development Zone, Beijing.
Party B: Pu Dongwan (Party B)
Address: Room 1101, Xxxx 0 Xx.0, Xxxxxxxx, Xxx Xxx Xxxx Xxxx Homestead Haidian District, Beijing
Whereas:
1. Party A and Party B reached a Share Pledge Agreement relating to the shares of Xxxx Xxxx Wei Xin (Beijing) Technology Co., Ltd., owned by Party B (hereinafter referred to as the Share Pledge Agreement) on 19 November 2004.
2. Party A and Party B wish to terminate the said Share Pledge Agreement.
Now therefore, the Parties agree as follows:
1. | Party A and Party B agree to terminate the Share Pledge Agreement which shall automatically become invalid upon the effective date of this Agreement. |
2. | Upon the date when the Share Pledge Agreement become invalid, the rights and obligations of Party A and Party B under the Share Pledge Agreement shall be terminated accordingly. |
3. | This Agreement shall take effect upon its execution. |
4. | The governing law to this Agreement shall be the PRC laws. |
5. | This Agreement is made in two copies, each party holds one copy. |
Party A: Xxxx Xxxx Xxx Xxx (Beijing) Technology Co., Ltd.
Authorized Representative: ____________________________________ |
Name: Xxx Xxxxxxx |
Title: |
Party B: Pu Dongwan