Termination Agreement
Exhibit 4.40
This Agreement is executed on 19 January 2005 by and among the following parties:
Party A: LAHIJI VALE Limited (“Party A”)
Registered Address: Offshore Incorporations Limited, P.O. Box 957, Offshore Incorporations Center, Road Town, Tortola, British Virgin Islands
Party B: Wang Leilei (“Party B”)
Address: #1001, Xx.0 Xxxxxxxx, Xxxx Xxxx Xx Xxx Xxxxxxxx, Xxxxxxxxx District, Beijing
Party C: Beijing Lei Ting Wan Jun Network Technology Limited (“Party C”)
Address: Xxxx X000, Xx.00, Xx Xxxx Xxx Xxxxxx, Beijing Economic-Technological Development Area, Beijing
Whereas:
| 1. | Party A, Party B, and Party C reached an Exclusive Option Agreement (hereinafter referred to as the “Exclusive Option Agreement”) on 30 November 2004. |
| 2. | Party A, Party B and Party C wish to terminate the said Exclusive Option Agreement. |
Now therefore, the Parties agree as follows:
| 1. | Party A, Party B and Party C agree to terminate the Exclusive Option Agreement which shall automatically become invalid upon the effective date of this Agreement. |
| 2. | Upon the date when the Exclusive Option Agreement becomes invalid, the rights and obligations of Party A, Party B and Party C under the Exclusive Option Agreement shall be terminated accordingly. |
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| 3. | This Agreement shall take effect upon its execution. |
| 4. | This Agreement shall be governed by the PRC laws. |
| 5. | This Agreement is made in two copies, each held by one Party.. |
| Party A: LAHIJI VALE LIMITED | ||
| Authorized Representative: | /s/ | |
| Party B: | Wang Leilei | |
| Signature: | /s/ Wang Leilei | |
| Party C: Beijing Lei Ting Wan Jun Network Technology Limited | ||
| Authorized Representative: | /s/ | |
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