Termination Agreement
Exhibit 4.57
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. | The creditor and the borrower executed a Loan Agreement (hereinafter referred to as the Loan Agreement) on 6 August 2004. |
2. | Party A and Party B wish to terminate the said Loan Agreement. |
Now therefore, the Parties agree as follows:
1. | Party A and Party B agree to terminate the Loan Agreement, which shall automatically become invalid upon the effective date of this Agreement. |
2. | On the date when the Loan Agreement becomes invalid, the rights and obligations of Party A and Party B under the Loan Agreement 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 | ||
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Name: | Xxxx Xxxxxxx | |
Title: | Legal Representative | |
/s/ Tang Xxxxxxx | ||
Xxxx Leilei | ||
Signature: |
| |
/s/ Wang Leilei |
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