TRANSLATION OF SHARE TRANSFER AGREEMENT OF E-FUTURE (BEIJING) TORNADO INFORMATION TECHNOLOGY, INC.
Exhibit 10.10
TRANSLATION
OF
SHARE TRANSFER AGREEMENT OF E-FUTURE (BEIJING) TORNADO INFORMATION TECHNOLOGY, INC.
Transferor: Dafu Zou
Transferee: Xxxxxxx Xx
With regard to the share transfer of E-Future (Beijing) Tornado Information Technology, Inc., Xx. Xxxx Xxx and Xx. Xxxxxxx Xx agree as follows:
1. | Xx. Xxxx Xxx agrees to transfer all of his 20% shares, or capital contribution of RMB 100,000, of E-Future (Beijing) Tornado Information Technology, Inc. to Xx. Xxxxxxx Xx. |
2. | Xxxxxxx Xx agrees to purchase the aforementioned shares. |
3. | The consideration for the share transfer is RMB100,000. |
4. | The formal share transfer date shall be July 3, 2005, as of which the transferor won’t take rights and undertake obligations of the company with his capital contribution in the company, while the transferee will take rights and undertake obligations of the company with his capital contribution in the company. |
This Agreement shall enter into effect as of the date of signatures of both parties.
Transferor: |
/s/ Dafu Zou | |
Dafu Zou | ||
Transferee: |
/s/ Xxxxxxx Xx | |
Xxxxxxx Xx |
Date: July 3, 2000