Mutual Termination Agreement
Date | 20 September 2024 |
Parties | Beijing SINA Internet Information Service Co. ("Beijing SINA"), Shanghai SINA Leju Information Technology Co. Ltd. ("SINA Leju") |
State | People's Republic of China |
Section | Commercial Contracts |
EXHIBITB
MUTUALTERMINATIONAGREEMENT
THISMUTUALTERMINATIONAGREEMENT(“TerminationAgreement”)ismadeandenteredintothisdayof,2009,byandbetween
BeijingSINAInternetInformationServiceCo.(“BeijingSINA”)andShanghaiSINALejuInformationTechnologyCo.Ltd.(“SINALeju”).
WITNESSETH:
WHEREAS,BeijingSINAandSINALejuenteredintothatcertainDomainNameLicenseAgreementdatedMay8,2008(the“Original
Agreement”);and
WHEREAS,BeijingSINAandSINALejudesiretomutuallyterminatetheOriginalAgreementeffectiveasofthedateofthisTermination
Agreement.
NOW,THEREFORE,inconsiderationofthemutualcovenantsandconditionscontainedherein,andothergoodandvaluable
consideration,receiptofwhichisherebyacknowledgedbyeachofthepartieshereto,thepartiesagreeasfollows:
1.BeijingSINAandSINALejuagreethat,uponthedateofexecutionofthisTerminationAgreement,theAgreementshallterminateandbe
ofnofurtherforceoreffect,and,fortheavoidanceofdoubt,noprovisionsoftheOriginalAgreementsurvivesuchtermination.
2.ThisTerminationAgreementrepresentsthecomplete,integrated,andentireagreementbetweentheparties,andmaynotbemodified
exceptinwritingsignedbytheparties.
3.ThisTerminationAgreementshallbegovernedbythelawsofthePRC,withoutregardtoconflictsoflawprinciples.
4.ThisTerminationAgreementmaybeexecutedinoneormorecounterparts,eachofwhichshallbedeemedanoriginalbutallofwhich
togetherwillconstituteoneandthesameinstrument.
5.ThisTerminationAgreementshallbebindinguponandinuretothebenefitofthepartiesheretoandtheirrespectivesuccessorsand
assigns.
[SIGNATURESONNEXTPAGE]
18
Source: LEJU HOLDINGS LTD, DRS (on F-1), 1/21/2014
To continue reading
Request your trial