Termination Agreement
Exhibit 4.59
This Agreement is executed on 28 September 2005 by and between the following parties:
Party A: Puccini International Limited (hereinafter referred to as “Party A”)
Registered Address: Scotia Centre, 4th Floor, X.X. Xxx 0000, Xxxxxx Xxxx, Xxxxx Xxxxxx, Xxxxxx Xxxxxxx
Party B: Wang Leilei (hereinafter referred to as “Party B”)
Address: Xx.0000, Xxxxxxxx 0, Xxxxxxxxxxxxx Xxxxxxxx, Xxxxxxxxx District, Beijing
Whereas:
| 1. | Party A and Party B executed on a Trust Deed (hereinafter referred to as the “Trust Deed”) on Party B’s equity interest of Beijing Lei Xxxx Xx Ji Network Technology Co., Ltd. on 19 November 2003. |
| 2. | Party A and Party B wish to terminate the said Trust Deed. |
Now therefore, the Parties agree as follows:
| 1. | Party A and Party B agree to terminate the Trust Deed, which shall automatically become invalid upon the effective date of this Agreement. |
| 2. | On the date when the Trust Deed becomes invalid, the rights and obligations of Party A and Party B under the Trust Deed 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]
| Puccini International Limited | ||
| /s/ Xxxx Xxxxxxx | ||
| Name: | Xxxx Xxxxxxx | |
| Title: | Legal Representative | |
| Wang Leilei | ||
| Signature: | /s/ Wang Leilei | |
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