Termination Agreement
Exhibit 4.56
This Agreement is executed on 28 September 2005 by and between:
Party A: Puccini Network Technology (Beijing) Ltd. (hereinafter referred to as “Party A”)
Registered Address: Xxxx 000, Xxxxx X, Xx.00 xx Xx Xxxx Xxxx (S), Beijing Economic-Technological Development Area, Beijing
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 Share Pledge Agreement (hereinafter referred to as the Share Pledge Agreement) of shares of Beijing Lei Xxxx Xx Ji Network Technology Company Limited hold by Party B on 19 November 2003. |
2. | Party A and Party B wish to terminate the said Share Pledge Agreement. |
Now therefore, the Parties agree as follows:
1. | Party A and Party B agree to terminate the Share Pledge Agreement, which shall automatically become invalid upon the effective date of this Agreement. |
2. | On the date when the Share Pledge Agreement becomes invalid, the rights and obligations of Party A and Party B under the Share Pledge 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. |
[Execution Page]
Puccini Network Technology (Beijing) Ltd | ||
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Name: | Wang Leilei | |
Title: | Legal Representative | |
/s/ Wang Xxxxxx | ||
Xxxx Leilei | ||
Signature: |
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/s/ Wang Leilei |