Termination Agreement
EXHIBIT 4.150
This Agreement is executed on Apr 12, 2007 by and between:
Pledgee: Ebay Each Internet Information Service (Shanghai) Co. Ltd. (“Party A”)
Registered Address: Xxxxx 00, Xxxxxxxx Xxxxx, Xx. 000, Xxxxxx Middle Road, Shanghai
AND
Pledgor: Wan Hua (“Party B”)
Identity Card No.: 110106196207281812
Residence address: Xx. 0000, Xxxxxxxx 000, Xxxxx Xxxx, Xxxxxxx Xxxxxxxx, Xxxxxxx
Whereas:
| 1. | Party A and Party B executed a Share Pledge Agreement (hereinafter referred to as the “Share Pledge Agreement”) with respect to the equity interest held by Party B in Beijing Yi Xxxx Xxxx He Information Technology Co., Ltd on Feb 1, 2007. |
| 2. | Party A and Party B wish to terminate the said Share Pledge Agreement upon the satisfaction of certain conditions. |
Now therefore, the Parties agree as follows:
| 1. | Party A and Party B agree to terminate the Share Pledge Agreement, which shall automatically become invalid upon the effective date of this agreement. |
| 2. | On the date when the Share Pledge Agreement becomes invalid, the rights and obligations of Party A and Party B under the Share Pledge Agreement shall be terminated accordingly. |
| 3. | This Agreement shall take effect upon its execution. |
| 4. | This Agreement shall be governed by the PRC laws. |
| 5. | This Agreement is made in two copies, each held by either Party. |
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[Execution Page]
Pledgee: Ebay Each Internet Information Service (Shanghai) Co. Ltd
Authorized Representative:
Seal:
Pledgor: Wan Hua
Signature:
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