Termination Agreement
EXHIBIT 4.147
This Agreement is executed on Apr 12, 2007 by and among:
Party A: | Ebay Each Internet Information Service (Shanghai ) Co. Ltd. | |
Address: | Xxxxx 00, Xxxxxxxx Xxxxx, Xx. 000, Xxxxxx Middle Road, Shanghai | |
Party B: | Beijing Yi Xxxx Xxxx He Information Technology Co., Ltd | |
Address: | Xxxx 000, Xxxxxxxx X, Xx. 00, Xxxxx Xx Xxxx Xxxx, Xxxxxxx economic and technology development area, Beijing | |
Party C: | Wan Hua | |
ID Number: | 110106196207281812 | |
Address: | Xx. 0000, Xxxxxxxx 000, Xxxxx Xxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx | |
Party D: | Xxx Xxxx Jun | |
ID Number: | 000000000000000000 | |
Address: | Xx. 00, Xxxxx Xxxxxx, Xxxxx Xxxx, Xxxxx Xxxx, Xxxxxxx Xxxxxxxx |
Whereas:
1. | Party A, Party B, Party C and Party D jointly executed a Business Operation Agreement (hereinafter referred to as the “Business Operation Agreement”) on Feb 1, 2007. |
2. | Party A, Party B, Party C and Party D wish to terminate the said Business Operation Agreement upon the satisfaction of certain conditions. |
Now therefore, the Parties agree as follows:
1. | Party A, Party B, Party C and Party D agree to terminate the Business Operation Agreement, which shall automatically become invalid upon the effective date of this agreement. |
2. | On the date when the Business Operation Agreement becomes invalid, the rights and obligations of Parties under the Business Operation Agreement shall be terminated accordingly. |
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3. | This Agreement shall take effect on the date when Party C and Party D execute Share Transfer Agreement with the person designated by Party A with respect to all their equity interest in Party B and register the change of shareholder with the original administration of industry and commerce. |
4. | This Agreement shall be governed by the PRC laws. |
5. | This Agreement is made in four copies, each held by either Party. |
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[Execution Page]
Party A: Ebay Each Internet Information Service (Shanghai) Co. Ltd.
Authorized Representative:
Seal:
Party B: Beijing Yi Xxxx Xxxx He Information Technology Co., Ltd
Authorized Representative:
Seal:
Party C: Wan Hua
Signature:
Party D: Xxx Xxxx Jun
Signature:
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