Termination Agreement
Exhibit 4.58
(English Translation)
This Agreement is entered into by and among the following parties on September 6, 2011 in Beijing:
Xxxxx Xxxxxxx Xx: a PRC citizen.
Baidu Online Network Technology (Beijing) Co., Ltd.: a foreign-owned limited liability company duly incorporated and validly existing under the laws of the People’s Republic of China (“Baidu Online”).
WHEREAS, (1) Xxxxx Xxxxxxx Xx signed the proxy agreement (the “Original Agreement”) as a shareholder of Baidu HR Consulting (Shanghai) Co., Ltd. (“Baidu HR”) with Baidu Online on December 28, 2010 in Beijing; (2) Xxxxx Xxxxxxx has transferred all the shares he held in Baidu HR to Baidu Online (the “Transferee”); (3) The Transferee has entered into a separate proxy agreement on the same date as this agreement in the capacity of a current shareholder of Baidu HR.
NOW THEREFORE, the parties agree as follows:
The Original Agreement shall be automatically terminated upon the date of this termination agreement.
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Xxxxx Xxxxxxx Xx
/s/ Xxxxx Xxxxxxx Xx
Party A: Baidu Online Network Technology (Beijing) Co., Ltd.
Authorized representative: Xxxx Xxxx
Signature: /s/ Xxxx Xxxx
Seal: (the seal of Baidu Online Network Technology (Beijing) Co., Ltd.)
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