Agreement to Rescind Copyright Licensing Contracts between Taiwan Kid Castle Internet Technologies Ltd. and 21st Century Publishing House
Contract Categories:
Business Operations
›
Termination Agreements
Summary
Taiwan Kid Castle Internet Technologies Ltd. and 21st Century Publishing House have agreed to cancel several previous copyright licensing contracts related to specific educational works. From the date this agreement is signed, those earlier contracts are considered void. Party B, 21st Century Publishing House, will instead enter into a new copyright licensing agreement with Shanghai Kid Castle Education Software Development Co., Ltd. This agreement ensures all parties' rights are protected and clarifies the transfer of licensing responsibilities.
EX-10.5 5 v078132_ex10-5.htm Unassociated Document
Agreement
Party A: Taiwan Kid Castle Internet Technologies Ltd.
Address: 1F, 148 Jianguo Rd., Singdian City, Taipei County 231, Taiwan
Legal representative: Kuo-An, Wang
Party B: 21st Century Publishing House
Address: No. 17 Xinwei Rd., Nanchang City, Jiangxi, China
Legal representative: Qiu-lin, Chang
Whereas Party A has assigned all the copyright in Mainland China to Shanghai Kid Castle Education Software Development Co., Ltd., and the company has signed a contract with Party B in relation to the use of relevant copyright license. To fully guarantee the rights and interests of parties concerned, Party A and Party B conclude the following clauses in terms of revoking relevant copyright licensing contracts:
Article 1 The following contracts signed by Party A and Party B will be rescinded as of the effective data of this agreement:
1. The Copyright Licensing Contract dated January 25, 2002 between both parties concerning the works English Now;
2. The Copyright Licensing Contract dated January 25, 2002 between both parties concerning the works Pre-school Multiple Intelligence;
3. The Copyright Licensing Contract dated January 25, 2002 between both parties concerning the works Wonderland;
4. The Copyright Licensing Contract dated September 2, 2003 between both parties concerning the works Kids Speak (next term) etc. (No.: ###-###-####).
Article 2 In relation to copyright licensing matters, Party B will sign a copyright licensing contract with Shanghai Kid Castle Education Software Development Co., Ltd.
Article 3 This agreement will be effective as of the date when both parties execute it, and from the effective date of this agreement, the foregoing agreements are deemed to be non-existent.
Article 4 This agreement is made in three copies, of which Party retains two copies and Party retains one copy.
Party A:
Representative: Qiu-lin, Chang
Party B: 21st Century Publishing House
Representative:
Date:
