Supplementary Agreement to the Web Layout Copyright License Agreement
Exhibit 4.50
Supplementary
Agreement to the
Web Layout Copyright License Agreement
Web Layout Copyright License Agreement
Licensor:
|
Baidu Online Network Technology (Beijing) Co., Ltd. | |
Address:
|
3/F, Baidu Campus, Xx. 00 Xxxxxxx 00xx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx |
|
Licensee:
|
Beijing Baidu Netcom Science Technology Co., Ltd. | |
Address:
|
2/F, Baidu Campus, Xx. 00 Xxxxxxx 00xx Xxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx |
(Collectively, the “Parties”)
WHEREAS, Licensor and Licensee have made a certain Web
Layout Copyright License Agreement dated March 1, 2004 (the
“Original Agreement”).
The original term of Article 6.1 of the Original Agreement
which reads:
“This Agreement shall be effective as of the date first set
forth above. The term of this Agreement is five (5) years
unless earlier terminated as set forth in this Agreement.”
The original term of Article 6.2 of the Original Agreement
which reads:
“This Agreement may be extended one year only if the
Licensor issues the Licensee its written consent of extending
this Agreement before the expiration of this Agreement
(including any expiration of extended terms).”
NOW, THEREFORE, the Parties agree through friendly
negotiation to amend the Original Agreement as follows on
March 1, 2010:
For the reason of the business of Party B and also to encourage
Party B to extend its business and use the web layout copyright
in a long-term period, Party A hereby agrees to extend the term
for five (5) years.
This Agreement shall be executed in two originals, with each
party holding one original. This agreement is an integral part
of the Original agreement, it shall have the same legal effect
with the Original Agreement. This agreement will be effective
upon signature and affixture of seals by the Parties. This
agreement shall take effect as of the date first set forth above.
Licensor: Baidu Online Network Technology (Beijing) Co.,
Ltd.
By: |
/s/ Xxxxx
Xxxx
|
Title: | Legal representative/authorized representative |
Seal: | [Baidu Online Network Technology (Beijing) Co., Ltd. seal] |
Licensee: Beijing Baidu Netcom Science Technology Co.,
Ltd.
By: |
/s/ Xxxxxxxx
Xxxxx
|
Title: | Legal representative/authorized representative |
Seal: | [Beijing Baidu Netcom Science Technology Co., Ltd. seal] |