Common use of Effectiveness and Termination of the Agreement Clause in Contracts

Effectiveness and Termination of the Agreement. 10.1 This Agreement shall come into effectiveness as of the date of its execution. The Parties hereby agree and confirm that the effect of the terms and conditions of this Agreement shall retrospect to the day when the Pledgor became a shareholder of Ctrip Commerce.

Effectiveness and Termination of the Agreement. 10.1 This Agreement shall come into effectiveness as of the date of its execution, and supersede the Original Equity Pledge Agreement immediately upon its effectiveness. The Parties hereby agree and confirm that the effect of the terms and conditions of this Agreement shall retrospect to the day when the Pledgor became a shareholder of Ctrip Commerce.