Termination Agreement
Exhibit 10.47
Party A: Beijing Ambow Online Software Co., Ltd.
Party B: Xxxxxx Xxx, Xxxxxxxx Xxxx
Party A and Party B has mutually agreed on the termination, and reached the following agreement:
| 1. | The “Loan Agreement”, “Share Pledge Agreement” and “Call Option Agreement” (hereinafter refer to as “Agreements”) was signed by both parties on _______________________. Both parties agreed to terminate the abovementioned Agreements from June 29th, not to execute, and not to pursue all the responsibilities and consequences arising from the Agreements. |
| 2. | This agreement takes into effect after being signed and sealed by both parties. |
| 3. | The agreement shall be made in three copies with the same legal effect, in which Party A shall hold one copy and Party B shall hold two copies respectively. |
Party A (Seal):
Representative (Signature):
[ /2017]
Party B (Signature):
[ /2017]
