Trademark License Termination Agreement
Exhibit 4.80
Trademark License Termination Agreement
This Trademark License Termination Agreement (the “Agreement”) is entered into by and among the following parties on February 1, 2013 in Beijing:
| Party A: |
Baidu Online Network Technology (Beijing) Co., Ltd. (the “Licensor”) | |
| Address: |
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| Party B: |
Beijing Baidu Netcom Science Technology Co., Ltd. (the “Licensee”) | |
| Address: |
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WHEREAS
1. Party A and Party B entered into a Trademark License Agreement (the “License Agreement”) as of March 1, 2004;
2. The Licensor is a wholly foreign-owned limited liability company registered in Beijing under the laws of the People’s Republic of China (the “PRC”);
3. The Licensee, a limited liability company incorporated in Beijing under the laws of the PRC, is licensed by Beijing Municipal Telecommunication Management Bureau to carry on the business of the Internet Information Service;
4. The Licensor transferred the Trademarks and all rights under the License Agreement to the Licensee on March 1, 2010 and completed the transfer procedures in January 2013.
NOW THEREFORE, the parties agree as follows:
The License Agreement shall be terminated pursuant to PRC Contract Law and Section 11 of the License Agreement.
IN WITNESS THEREOF, the parties hereto have caused this Agreement to be duly executed by a duly authorized representative on their behalf as of the date first set forth above. This Agreement shall be effective as of the date first set forth above.
[Signature Page Follows]
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Party A: Baidu Online Network Technology (Beijing) Co., Ltd.
Legal representative: Xxxx Xxxx
Seal: /s/ Baidu Online Network Technology (Beijing) Co., Ltd.
Party B: Beijing Baidu Netcom Science Technology Co., Ltd.
Legal representative: Xxxxx Xxxxxxxx
Seal: /s/ Beijing Baidu Netcom Science Technology Co., Ltd.
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