Equity Transfer Agreement of Beijing Novel-Super Media Investment Co., Ltd.
Exhibit
4.47
[Translation
of Chinese Original]
Equity
Transfer Agreement of Beijing Novel-Super Media
Investment
Co., Ltd.
Under the
resolutions of shareholders’ meeting, this Equity Transfer Agreement is entered
into by and between Beijing Super TV Co., Ltd. (the “Transferor”) and Beijing
Novel-Super Digital TV Technology Co., Ltd. (the “Transferee”) on the transfer
of equity in Beijing Novel-Super Media Investment Co., Ltd.:
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1.
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Beijing
Super TV Co., Ltd. is willing to transfer its capital contribution of XXX
00 million in Beijing Novel-Super Media Investment Co., Ltd. to Beijing
Novel-Super Digital TV Technology Co., Ltd. at the cost price of XXX 00
million;
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2.
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Beijing
Novel-Super Digital TV Technology Co., Ltd. is willing to accept the
capital contribution of XXX 00 xxxxxxx xx Xxxxxxx Super TV Co., Ltd. in
Beijing Novel-Super Media Investment Co., Ltd. at the cost price of XXX 00
million; and
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3.
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The
transfer shall be made on October 5, 2008, upon then, the Transferer shall
not be entitled to the rights of shareholder and be obliged as a
shareholder in respect of the transferred contribution, and the Transferee
shall within its contribution be entitled to such rights and be obliged as
a shareholder.
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This
Agreement shall be effective upon the signatures of both parties.
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Transferer:
(Official Seal)
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Transferee:
(Official Seal)
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Beijing
Super TV Co., Ltd.
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Beijing
Novel-Super Digital TV
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October
5, 2008
