Exhibit 10.56
Authorization Agreement
Beijing Enterprise Network Technology Co., Ltd., a limited liability
company duly incorporated and validly existing under the laws of the PRC with a
legal address at Xxxx 000, Xxxxxxxx Xxxxxxxx, Xx.0 Xxxxxxx Xx. 0 Xxxxxx, Xxxxxxx
Xxxxxxxx, Xxxxxxx, hereby irrevocably authorizes Xx. Xxxx Qindai to exercise the
following powers and rights during the term of this Authorization Agreement:
Beijing Enterprise Network Technology Co., Ltd. hereby authorizes Xx.
Xxxx Qindai to exercise on behalf of Beijing Enterprise Network Technology Co.,
Ltd. at the shareholders' meetings of Beijing WVAS Solutions Ltd. (the
"Company") the full voting rights as the shareholder of the Company as have been
given to Beijing Enterprise Network Technology Co., Ltd. by law and under the
Articles of Association of the Company, including but not limited to, the voting
rights regarding the sale or transfer of any or all of the shares of the Company
held by Beijing Enterprise Network Technology Co., Ltd. and acting as authorized
representative of Beijing Enterprise Network Technology Co., Ltd. on the
shareholders' meeting of the Company to designate and appoint the directors of
the Company.
Such authorization and designation is based upon the condition that Xx.
Xxxx Qindai is acting as the general manager of Hurray! Times Communications
(Beijing) Ltd. and Hurray! Times Communications (Beijing) Ltd. agrees to such
authorization and designation. Once Xx. Xxxx Qindai no longer holds the position
of the general manager of Hurray! Times Communications (Beijing) Ltd., such
authorization as granted to him by Beijing Enterprise Network Technology Co.,
Ltd. hereunder shall be automatically terminated. Then Beijing Enterprise
Network Technology Co., Ltd. shall designate/authorize the Chinese successor of
the position of the general manager of Hurray! Times Communications (Beijing)
Ltd. to exercise the full voting rights on behalf of Beijing Enterprise Network
Technology Co., Ltd. at the shareholders' meetings of the Company.
The term of this Authorization Agreement is 10 years commencing from the
execution date of this Authorization Agreement unless the early termination of
the Operating Agreement jointly executed by the Company, Hurray! Times
Communications (Beijing) Ltd., Beijing Enterprise Network Technology Co., Ltd.,
Xxxx Xxxxxxxx and Xxx Xxx by any reason. This Authorization Agreement is
executed in Chinese.
By: /s/ Seal affixed
-----------------------------------------------
Beijing Enterprise Network Technology Co., Ltd.
October 1, 2004
