TERMINATION AGREEMENT

　　翻譯：姜政

　　THIS AGREEMENT is made on 本協(xié)議于 日訂立。

　　BETWEEN 協(xié)議訂立雙方為：

　　(1) VOLKSWAGEN GROUP IMPORT CO., LTD.(company name in Chinese: (formerly known as Volkswagen Import Co., Ltd),a wholly foreign owned limited liability company incorporated under the laws of PRC whose registered address is at Room 519-3 Tengda Building, No. 18, International Trade Road, Tianjin Port Free Trade Zone (the VGIC); and

　　大眾汽車(中國)銷售有限公司 (以前叫做大眾汽車銷售有限公司)，該公司為外商獨資有限公司，依據(jù)中華人民共和國的法律組建而成，注冊地址為：

　　(2) (the Dealer). (下文中稱為經(jīng)銷商)。

　　Each of VGIC and the Dealer is a party, and collectively are the parties.

　　大眾公司和經(jīng)銷商在本協(xié)議中單獨稱為一方，集體稱為雙方。

　　WHEREAS: 鑒于：

　　A. The parties entered into a Contract with Authorized Purchaser (Dealer) of Lamborghini Import Vehicles dated (the Dealer Contract).

　　協(xié)議雙方于 日簽署了一份蘭博基尼授權(quán)買家(經(jīng)銷商)合同(下文中稱為經(jīng)銷商合同)。

　　B. The parties agree to terminate the Dealer Contract in accordance with, and subject to, the terms and conditions of this Agreement.

　　協(xié)議雙方同意根據(jù)本協(xié)議的條款和條件終止所述經(jīng)銷商合同。

　　THEREFORE the parties hereby agree as follows: 故此，本協(xié)議雙方現(xiàn)此約定如下：

　　1. Termination 第一條 協(xié)議的終止

　　1.1 The parties agree to terminate the Dealer Contract with effect from (the Effective Date).

　　本協(xié)議雙方約定從 日起終止所述經(jīng)銷商合同(生效日期)。

　　1.2 Each party’s rights and obligations under the Dealer Contract shall cease immediately on termination, except for the clauses which are expressed to survive termination. The Dealer hereby renounces and surrenders any and all rights granted pursuant to or in relation to Dealer Contract.

　　所述經(jīng)銷商合同終止時，本協(xié)議各方在該合同項下的權(quán)利和義務(wù)立即終止，除非該合同中明確規(guī)定某權(quán)利和/或義務(wù)應(yīng)當在合同終止后繼續(xù)生效。經(jīng)銷商現(xiàn)此放棄并讓出自己和所述經(jīng)銷商合同相關(guān)的所有權(quán)利。

　　1.3 The termination of the Dealer Contract does not of itself give rise to any liability on the part of VGIC to pay any compensation to the Dealer, including but not limited to, for loss of profits or goodwill.

　　所述經(jīng)銷商合同的終止不會產(chǎn)生大眾公司向經(jīng)銷商給予任何補償?shù)牧x務(wù)，包括但不限于利潤和商譽的損失。

　　1.4 The Dealer hereby waives, releases and forever discharges VGIC,VGIC’semployees and affiliates, and any replacing dealership appointed by VGIC against any actions, proceedings, claims, demands, costs and expenses which the Dealer may now have or would have had for the termination of the Dealer Contract, including but not limited to any applicable rights upon termination of agreements it has may have had under the Dealer Contractor any applicable law.

　　經(jīng)銷商現(xiàn)此放棄、免除并永遠解除大眾公司、大眾公司的雇員和附屬公司、大眾公司指定的任何替代經(jīng)銷商就經(jīng)銷商針對所述經(jīng)銷商合同的終止可能享有的、將會享有的任何起訴、訴訟程序、索賠、權(quán)利主張、花費和開支而應(yīng)當承擔(dān)的責(zé)任，包括但不限于所述經(jīng)銷商合同終止時經(jīng)銷商依據(jù)任何適用的法律而享有的、可能享有的任何適用權(quán)利。

　　1.5 The Dealer by executing this Agreement, for and on behalf of Dealer and all persons and entities who at present, in the past or in the future may have, have had or may hereafter have a legal or beneficial ownership or other interest in Dealer, and their respective heirs, executors, administrators, successors and assigns (collectively the Releasors), hereby agrees to and does hereby unconditionally, irrevocably and forever voluntarily terminate and surrender to VGIC, as of the Effective Date, the Dealer Contract and any other agreements relating to the sale of the Lamborghini brand products and waives, terminates and surrenders to VGIC any and rights arising out or relating to the Dealer Contract or in connection with the Dealer Contract, including, without limitation, any and all rights, if any, to a continuation, extension or renewal of the Dealer Contract or any related business relationships between VGIC and the Dealer or any of the other Releasors after the Effective Date, which they, or any of them, may now or hereafter have or acquire.

　　通過本協(xié)議的簽署，經(jīng)銷商代表經(jīng)銷商、以及過去、現(xiàn)在和將來和經(jīng)銷商可能有、已經(jīng)有、之后可能有法律關(guān)系、受益所有權(quán)或者其它利益關(guān)系的任何人員和實體、其各自的繼承人、執(zhí)行人、管理人、繼任人和受讓人(總體稱為放棄權(quán)利人)，現(xiàn)此同意為了大眾公司并無條件地、不可撤銷地且永遠自愿地從生效日期起終止并讓出所述經(jīng)銷商合同以及和所述蘭博基尼品牌產(chǎn)品的銷售相關(guān)的其它任何協(xié)議，為了大眾公司放棄、終止和讓出因為所述經(jīng)銷商合同引起的或者與之相關(guān)的任何權(quán)利，包括但不限于延續(xù)、續(xù)展、續(xù)訂所述經(jīng)銷商合同或者大眾公司和經(jīng)銷商或者其它任何放棄權(quán)利人之間在生效日期后的任何相關(guān)業(yè)務(wù)關(guān)系的任何權(quán)利(如果有的話)，因為大眾公司和經(jīng)銷商或者其它任何放棄權(quán)利人(或者其中的部分人員)在當前或者今后可能具有或者取得該種業(yè)務(wù)關(guān)系。

　　1.6 The parties hereto intend that this Agreement constitute a general release of all claims, demands, actions, causes of action, whether known or unknown, suspected or unsuspected, that the Dealer and/or any of the other Releasors had, may have or may claim to have to the Effective Date.

　　本協(xié)議雙方約定：本協(xié)議構(gòu)成了全面免除，免除了生效日期之前經(jīng)銷商和/或其它任何權(quán)利放棄人享有的、可能享有的或者可能會聲稱享有的任何索賠、權(quán)利主張、起訴和訴因，無論是明確的還是不明確的，無論是疑似的還是非疑似的。

　　2. Obligations Following Signing of This Agreement 第二條 簽署本協(xié)議產(chǎn)生的義務(wù)

　　2.1 Following the signing of this Agreement, both parties shall make best efforts to cooperate with each other, including providing and executing all necessary documents and materials and taking all necessary actions, to ensure an uninterrupted supply of parts and after sales services as required by customers after the date of termination of the Dealer Contract.

　　本協(xié)議簽署后，協(xié)議雙方應(yīng)當盡最大努力展開合作，包括但不限于提供并簽署所有必要的文件和材料并采取必要的措施，確保所述經(jīng)銷商合同終止后，能夠按照客戶的要求不間斷地提供零部件和售后服務(wù)。

　　2.2 Following the signing of this Agreement, the Dealer undertakes to VGIC that it shall:

　　本協(xié)議一經(jīng)簽署，經(jīng)銷商即向大眾公司保證：經(jīng)銷商應(yīng)當

　　(a) Immediately inform its customers (especially owners of vehicles sold by the Dealer) of the Dealer’s closure using the mutually agreed template attached to this Agreement, and obtain the customers’ consent to the transfer of the customer’s information to VGIC and VGIC’s use of such informationsubject to the applicable laws and regulations of PRC;

　　使用本協(xié)議隨附的且雙方一致同意的方式，把經(jīng)銷商和大眾公司之間簽訂的所述經(jīng)銷商合同的終止情況立即告知經(jīng)銷商自己的客戶(特別是從經(jīng)銷商處購買了汽車的車主)，取得客戶同意后，把客戶信息移交給大眾公司，大眾公司應(yīng)當按照適用的中華人民共和國的法律和法規(guī)來使用該種信息。

　　(b) Immediately execute the necessary contracts for the transfer of its repair, return and replacement obligations pursuant to the applicable laws and regulations and the Dealer’s sales contracts for vehicles sold by the Dealer to a mutually agreed affiliate;

　　立即根據(jù)適用的法律和法規(guī)以及經(jīng)銷商就銷售給雙方一致同意的附屬公司的車輛而簽訂的銷售合同，為維修義務(wù)、產(chǎn)品退回義務(wù)和替換義務(wù)的讓與而簽署必要的合同。

　　(c) immediately transfer, and ensure its affiliated companies transfer, to VGIC or other Volkswagen Group companies respectively, without any consideration, the trademarks registered in the PRC and/or trademark registration applied in the PRC, which belong to VGIC or other Volkswagen Group companies, and any domain names registered in the PRC, which contain the Lamborghini trademarks or name of VGIC or other Volkswagen Group companies;

　　立即向大眾公司或者大眾集團的其它公司讓與全部歸大眾公司所有的或者大眾集團其它公司所有的、在中華人民共和國注冊的商標和/或在中華人民共和國申請的商標注冊，以及包含蘭博基尼商標或者大眾公司名稱或者其它大眾集團公司名稱的任何域名，不得收取任何對價，并確保經(jīng)銷商自己的附屬公司也這樣做。

　　(d) immediately cease using, and ensure its subsidiaries and branches (if any) to cease using,the Lamborghini trademarks and Lamborghini or its Chinese translations in its corporate name;

　　立即停止使用并確保其子公司和分公司(如果有的話)停止在其公司名稱中使用蘭博基尼商標、Lamborghini和Lamborghini 的漢語譯文 蘭博基尼;

　　(e) not apply, and ensure its affiliated companies not apply, directly or indirectly, for registration of any trademarks or names (including any Chinese translations) belonging to VGIC or other Volkswagen Group companies. Otherwise, VGIC or other Volkswagen Group companies are entitled to request such trademarks and/or names transferred to VGIC or other Volkswagen Group companies, free of charge, at any time;

　　不得直接或者間接地申請注冊屬于大眾公司或者大眾集團其它公司的任何商標或名稱(包括漢語譯名)，并確保其附屬公司也這樣做。否則，大眾公司或者大眾集團其它公司有權(quán)在任何時間要求把該等商標和/或名稱讓與給大眾公司或者大眾集團的其它公司。

　　(f) immediately remove and return to VGIC (or otherwise dispose of as VGIC may instruct) all signboard and symbols containing the Lamborghini trademarks; and

　　立即移除包含蘭博基尼商標的任何招牌和標識并歸還給大眾公司(或者按照大眾公司的指示處理這些招牌和標識);以及

　　(g) immediately return to VGIC or otherwise dispose of as VGIC may instruct all equipment and tools, samples, instruction books, technical pamphlets, catalogues, advertising materials, specifications and other materials, documents or papers whatsoever provided by VGIC to the Dealer and relating to VGIC’s business (other than correspondence which has passed between the parties) which the Dealer may have in its possession or under its control.

　　立即把經(jīng)銷商可能會擁有的或者控制的、大眾公司提供給經(jīng)銷商的且和大眾公司的業(yè)務(wù)有關(guān)的任何設(shè)備、工具、樣品、說明書、技術(shù)手冊、目錄、廣告材料、技術(shù)規(guī)范和其它材料、文件和文據(jù)返還給大眾公司，或者按照大眾公司的指示加以處理。

　　2.3 VGIC agrees to return to the Dealer a total amount of RMB comprising:

　　大眾公司同意把 元人民幣歸還給經(jīng)銷商，這個金額包括：

　　a. RMB the balance held in the Dealer’s dealership account; and

　　元人民幣的經(jīng)銷商經(jīng)銷賬戶余額;以及

　　b. RMB for the return of the signboards and symbols pursuant to this Agreement via electronic bank transfer within 30 working days from the execution of this Agreement by the parties.

　　元人民幣的依據(jù)本協(xié)議規(guī)定歸還招牌和標識的費用，本協(xié)議簽署后三十天內(nèi)，通過銀行電子轉(zhuǎn)賬支付經(jīng)銷商。

　　2.4 Within 30 days following the signing of this Agreement, the Dealer should apply to deregister itself with the relevant government authorities as an authorized dealer of Lamborghini brand products, including revising its business scope shown on the business license accordingly.

　　本協(xié)議簽署后的三十天內(nèi)，經(jīng)銷商應(yīng)當向相關(guān)的政府機關(guān)申請撤銷自己作為蘭博基尼品牌產(chǎn)品授權(quán)經(jīng)銷商的登記，包括相應(yīng)地修改經(jīng)銷商營業(yè)執(zhí)照中業(yè)務(wù)范圍。

　　2.5 The Dealer agrees to maintain strict confidentiality regarding all VGIC’s confidential information, including any data, information, plans, drawings, specifications, documents, know-how, physical objects (such as models, parts or devices) or materials of or relating to the production, engineering, technology, financing, marketing of Volkswagen and Lamborghini products, personnel of VGIC, their parent corporation or their subsidiaries or affiliates, if such confidential information is not known or available to the public (Confidential Information). The Dealer undertakes that it will not, at any time, reveal, communicate, divulge or make available any Confidential Information to anyone, other than to such extent and to such persons as may specifically be designated by VGIC in writing.

　　經(jīng)銷商同意對大眾公司的所有保密信息加以嚴格保密，包括和大眾產(chǎn)品和蘭博基尼產(chǎn)品的生產(chǎn)、工程、技術(shù)、財務(wù)、營銷相關(guān)的、以及和大眾公司的員工、其各自的母公司、子公司和附屬公司相關(guān)的任何數(shù)據(jù)、信息、計劃、圖紙、技術(shù)規(guī)范、文件、專有技術(shù)、有形物件(諸如模型、部件、裝置)和材料，假如該種保密信息還不為社會大眾所知、不為社會大眾所得的話(保密信息)。經(jīng)銷商保證自己在任何時間都不會把保密信息揭示、傳播、泄露或提供給任何人員，除非大眾公司以書面方式指示經(jīng)銷商可以披露該種信息。

　　3. Cost and Tax Arising from the Termination 第三條 合同終止產(chǎn)生的花費和稅收

　　Except where this Agreement provides otherwise, each party shall pay its own costs relating to the negotiation, preparation, execution and performance by it of this Agreement and of each document referred to in it.

　　除非本協(xié)議另有規(guī)定，協(xié)議各方應(yīng)當各自支付自己協(xié)商、制備、簽署、履行本協(xié)議以及本協(xié)議中提及的各個文件而產(chǎn)生的花費。

　　3.2 Each of the parties shall be responsible for its own tax liability arising from the arrangements under this Agreement.

　　本協(xié)議各方應(yīng)當各自負責(zé)自己因為本協(xié)議項下的安排而產(chǎn)生的稅收責(zé)任。

　　4. Breach of Agreement 第四條 違約規(guī)定

　　Each of the parties agrees that it shall indemnify the other party against all claims, costs and liabilities suffered or incurred whether directly or indirectly in relation to breach of this Agreement.

　　本協(xié)議任一方同意：因為自己違反了本協(xié)議而直接或者間接地讓協(xié)議另一方蒙受、產(chǎn)生了任何索賠、花費和責(zé)任，自己應(yīng)當對協(xié)議另一方進行賠償。

　　5. General 第五條 一般規(guī)定

　　5.1 This Agreement is governed by the laws of the PRC. Any dispute arising out of or in connection with this Agreement, including but not limited to any question regarding its interpretation or execution, shall be in the first instance settled by friendly negotiations. Should these negotiations not lead to any result acceptable to both of the parties, then such dispute shall be referred to and finally resolved by the China International Economic and Trade Arbitration Commission (Beijing Office) (CIETAC) in accordance with the CIETAC Rules for the time being in force. The place of arbitration shall be Beijing. The language to be used in the arbitration proceeding shall be English. The arbitral award shall be final and binding on both parties.

　　本協(xié)議受中華人民共和國的法律管轄。因為本協(xié)議而發(fā)生的或者與本協(xié)議相關(guān)的任何爭議，包括但不限于關(guān)于本協(xié)議的解釋和執(zhí)行的任何問題，都應(yīng)當首先在雙方之間通過友好協(xié)商加以解決。如果協(xié)議雙方通過所述友好協(xié)商無法達成可以接受的意見，該爭議應(yīng)當提交給中國國際經(jīng)濟貿(mào)易仲裁委員會(北京辦公室)，根據(jù)該委員會在爭議發(fā)生當時適用的仲裁規(guī)則加以最終將解決。仲裁程序中使用的語言應(yīng)當為英語。仲裁裁決應(yīng)當是最終的，對雙方均有約束力。

　　5.2 Any amendment to this Agreement is valid only if it is in writing and signed by or on behalf of both parties.

　　對本協(xié)議的修正只有通過書面方式進行并經(jīng)過協(xié)議雙方的簽署，才具有效力。

　　5.3 This Agreement shall become effective on the date it has been duly signed by or on behalf of both parties.

　　本協(xié)議從協(xié)議雙方正式簽署之日起開始生效。

　　5.4 This Agreement is entered into in the English languagein four (4) originals and each party shall hold two (2) originals. Any translations are solely for purposes of convenience and are not legally binding.

　　本協(xié)議使用英語書就，一式四份，協(xié)議雙方各執(zhí)兩份。本協(xié)議的任何翻譯版本僅僅為了使用方便，不具有任何法律效力。

　　IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized representatives on the date first set forth above.

　　本協(xié)議雙方通過各自正式授權(quán)代表于本文首次署明日期簽署本協(xié)議，以昭信守。

　　for and on behalf of

　　VOLKSWAGEN GROUP IMPORT CO., LTD. (company chop)

　　for and on behalf of

　　the Dealer (company chop)