Transfer Agreement
Exhibit 4.30
Party A: Xxxxxx Computer (Shanghai) Co., Ltd., a limited liability company incorporated and duly
existing under the laws of the People’ Republic of China (“PRC”) with its principal address at Xx.
000, Xxxx Xxxx, Xxxxxx Xxxxxxxx, Xxxxxxxx.
Party B: Xxxxxx Xxxx, a PRC citizen with ID Number of 310226751124032 and with the living address
at 301, Xx. 0 xx Xx. 0000 Xxxx, Xxxxxxxxxx Xxxx, Xxxxxx Xxxxxxxx, Xxxxxxxx.
Party
C: Ku6 (Beijing) Technology Co., Ltd., a limited liability company incorporated and duly
existing under the PRC laws with its principal address at Xx. 0 xxxxxxxx, Xxxxxxxxx Xxxxxx Xxxxxxxx
Xxxxxx, Xx. 00 of Xili of Xiba River, Chaoyang district, Beijing.
Whereas Party A and Party B entered into loan agreement (“Loan Agreement”) and the relevant
supplementary agreements (“Supplementary Agreements”) on 12 May 2010 and in September 2009
respectively, Party B has borrowed RMB27,892,800 in total from Party A in accordance with such Loan
Agreement. Now Party A intends to transfer to Party C and Party C is willing to acquire from Party
A in terms of Party A’s rights and obligations under the Loan Agreement. After consultations, the
three parties hereto entered into this Agreement on August 5 2010 in Pudong district, Shanghai:
| 1. | Party A will and agree to transfer its all rights and obligations under the Loan Agreement to
Party C without any consideration. |
| 2. | Party C agrees to acquire all the rights and obligations under the Loan Agreement in
accordance with Article 1 hereof. |
| 3. | Under the Loan Agreement, Party A is changed from Xxxxxx Computer (Shanghai) Co., Ltd. to Ku6
(Beijing) Technology Co., Ltd.. The remaining articles of this Agreement will remain unchanged
and continue to be valid. |
|
| 4. | This Agreement takes into effect upon chopped by the three parties hereto. |
| 5. | Any dispute arising from this Agreement shall be resolved though amicably consultation. In
case of failing to reach a settlement through consultation, the dispute shall be submitted to
the local People’s court where this Agreement is signed for a ruling. |
| 6. | This Agreement is made in six originals. Each party holds two originals and each original
has equal legal force. |
Signature Page
IN WITNESS WHEREOF, the duly authorized representatives of the parties of this Agreement have
caused this Agreement to be executed as of the date first written above.
Party A:
Signature:
Name:
Title:
Party B:
Signature:
Name:
Party C:
Signature:
Name:
Title:
