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1、NOVATION AGREEMENTTHIS AGREEMENT is made the ,_day of , 20_ Between:,Name of Address (“ Party A ”); and,Name of Address (“Party B ” ); and,Name of Address (“Party C ”). WHEREAS:A. Party A and Party B are parties to an agreement dated ,Date, a copy of which isannexed hereto ( “the Existing Agreement
2、”).B. All parties hereto have agreed that Party C shall become a party to the ExistingAgreement in place of Party B.NOW IT IS HEREBY AGREED AS FOLLOWS:1. With effec t from ,Date (“the Novation Date ”), Party C shallbecome a party to theExisting Agreement in place of Party B. For such purpose, it is
3、hereby agreed that PartyC shall acquire all the rights and benefits and, as Party C hereby undertakes to Party A,assume all the duties and obligations of Party B, set out in the Existing Agreement.2. In consideration of Party C entering into this Agreement, Party A hereby releases anddischarges Part
4、y B absolutely from any and all duties and obligations pursuant to theExisting Agreement arising on or after the Novation Date*EITHER ,and Party Ahereby releases and discharges Party B absolutely from any and all liabilities pursuantthereto which have arisen or may arise at any time prior to theNova
5、tion Date. ORSuch release and discharge shall be without prejudice to Party A'srights (if any)againstParty B in respect of any breach of the Existing Agreement byParty B at anytime prior to the Novation Date.13. This Agreement shall be governed by, and construed in all respects in accordance with,the laws of the People ' s Republic of China ( “PRC”) and the parties hereby irrevocablysubmit to the non-exclusive jurisdiction of the courts of the PRC.SIGNED by ,for and on behalf ofName of Party ASIGNED by ,for and on behalf ofName of Party BSIGNE
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