EXHIBIT 10.50
TERMINATION AGREEMENT
This Termination Agreement (this "Agreement") is signed in 27 November,
2003 between the following two parties.
PARTY A: LINKTONE LTD.
ADDRESS: Cayman Islands, British West Indies
PARTY B: Xx Xxxx
ADDRESS: Xx.00 Xxxx 000 Xxxxxxxx Xxxx xxxx Xxxxxxx Xxxxxxxx, Xxxxxxxx
1.WHEREAS, Party A and Party B executed an equity pledge agreement (the
"Equity Pledge Agreement ") in January 16th, 2002.
2.WHEREAS, Party A and Party B intent to terminate the Equity Pledge
Agreement.
NOW THEREFORE, both parties agree as follows:
1. Party A and Party B agree to terminate the Equity Pledge Agreement and
the Equity Pledge Agreement shall terminate automatically upon this
Agreement coming into effect.
2. Rights and obligations of Party A and Party B under the Equity Pledge
Agreement shall terminate upon the termination of such contract.
3. This Agreement shall be effective as of the date of execution.
4. This Agreement shall be governed by the laws of People's Republic of
China.
5. This Agreement is made in duplicate and each party shall keep one.
PARTY A: LINKTONE LTD.
Representative: /s/ Xxx Xx
PARTY B: /s/ Xx Xxxx
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