Termination Agreement
EXHIBIT 4.108
This Agreement is executed on July 24, 2006 by and among:
Party A: Beijing Lahiji Technology Development Co., Ltd. (hereinafter referred to as “Party A”)
Registered Address: Xxxx 000, Xxxx X, Xx.00 xx Xx Xxxx Xxxx (S), Economic-Technological Development Area, Beijing
Party B: Xxxx Xx Tian (hereinafter referred to as “Party B”)
PRC Identity Card Number: 110108195606131211
Address: Xxxx 000, Xxxxxxxx 00 (X), Xxxx 0, Xxxxxxx Temple, Haidian District, Beijing, PRC
Party C: Beijing Bo Xun Xxxx Xxxx Information Technology Co., Ltd. (hereinafter referred to as “Party C”)
Address: Xxxx 000, Xxxxxx Xxxxx XXX, Xx. 0 of Yangfangdian Road, Haidian District, Beijing
Whereas:
| 1. | Party A, Party B and Party C executed an Exclusive Share Purchase Right Contract (hereinafter referred to as the “Exclusive Share Purchase Right Contract”) on June 1, 2006. |
| 2. | Party A, Party B and Party C wish to terminate the said Exclusive Share Purchase Right Contract upon the satisfaction of certain conditions. |
Now therefore, the Parties agree as follows:
| 1. | Party A, Party B and Party C agree to terminate the Exclusive Share Purchase Right Contract, which shall automatically become invalid upon the effective date of this agreement. |
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| 2. | On the date when the Exclusive Share Purchase Right Contract becomes invalid, the rights and obligations of Parties under the Exclusive Share Purchase Right Contract shall be terminated accordingly. |
| 3. | This Agreement shall take effect on the date when Party B and Sun Wei Jing execute Share Transfer Agreement with the person designated by Party A with respect to all their equity interest in Party C and register the change of shareholder with the original administration of industry and commerce. |
| 4. | This Agreement shall be governed by the PRC laws. |
| 5. | This Agreement is made in three copies, each held by either Party. |
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[Execution Page]
Party A: Beijing Lahiji Technology Development Co., Ltd.
Authorized Representative:
Seal:
Party B: Xxxx Xx Tian
Signature:
Party C: Beijing Bo Xun Xxxx Xxxx Information Technology Co., Ltd.
Authorized Representative:
Seal:
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