Termination Agreement of Share Pledge
Exhibit
4.18
[Translation
of Chinese Original]
This
Termination Agreement of Equity Pledge (hereinafter referred to as “this
Agreement”) is executed in Beijing, the People’s Republic of China (hereinafter
referred to as “China”) on November 24th, 2008, by and between:
Pledgee:
Beijing Super TV Co., Ltd.
Registered
Address: Xxxx 000, Xxxxxxxx X, 0-0, Xxxx-Xxxx Hi-Tech Mansion, Shangdi East
Road, Haidian District, Beijing
Xxxxxxx:
Novel-Tongfang Information Engineering Co., Ltd.
Registered
Address: 1st Floor,
Building A, Incubation Center, Shishan Software Scientific and Technological
Park, Nanhai, Foshan
In
consideration of that the Pledgee and the Xxxxxxx have executed the Share Pledge
Agreement (Attachment 1) on September 1, 2005, the Parties intend to terminate
the same;
NOW
THEREFORE, the parties through friendly consultation agree as
below:
|
1.
|
The
Parties agree to terminate the Share Pledge Agreement (Attachment 1)
executed on September 1, 2005, by and between the Pledgee and the
Xxxxxxx.
|
|
2.
|
This
Agreement shall be effective upon the signatures or seals of the
Parties.
|
|
3.
|
This
Agreement is written in Chinese in duplicate, with each party holding one
copy.
|
Pledgee:
Beijing Super TV Co., Ltd.
(Seal)
Signature: /s/ Xxxxxxx
Xxx
Xxxxxxx:
Novel-Tongfang Information Engineering Co., Ltd.
(Seal)
Signature: /s/ Wangzhi
Chen
1
Attachment
1: Share Pledge Agreement (omitted)
2
