Exhibit 10.83.1


 


Agreement on Cancellation


of Contract # KM-171/0805 of August 30th, 2005


 


	
   

  	
  Moscow

  	
  December 29th, 2008

  



 


“TV DARYAL” Closed Joint-Stock
Company (OGRN 1027739313205), hereinafter referred to as the “Television Company”,
represented by its General Director V.V.Kartashkov, acting on the basis of the
Articles, on the one part, and


 


“Krossmedia” Limited Liability
Company (OGRN 1027700192145), hereinafter referred to as the “Agency”,
represented by its General Director S.A. Vasiliev, acting on the basis of the
Articles, on the other part,


 


hereinafter collectively referred to as the “Parties”, have made this Agreement on Cancellation of
Contract # KM-171/0805 of August 30th, 2005 (hereinafter referred to as the “Agreement”
and the “Contract” correspondingly) as follows:


 


1.
The Parties have come to a mutual agreement for pre-term cancellation of the
Contract from 06.00 a.m. (Moscow time) on January 01st, 2009.


 


2. The obligations of the Parties under the
Contract shall be considered cancelled from the date specified in Clause 1
hereof except for any obligations of the Parties for mutual settlements and any
other activities for complete fulfillment of the Parties’ obligations arising
out of the Contract as of the date of this Agreement.


 


Any mutual settlements and any other
activities for complete fulfillment of the mutual obligations of the Parties
shall be reported in monthly Mutual Settlement Acts (hereinafter referred to as
the “Acts”).


 


2.1. The Acts shall be made by the Agency in
two original copies signed by the Agency and shall be provided to the
Television Company by the 15th (Fifteenth) day of the month following the
reporting month.


 


The received Act shall be approved by the
Television Company within five business days or motivated objections on the Act
shall be sent within the specified term. In case the Television Company has any
motivated objections, the Parties shall make a report specifying the measures
to be taken for satisfaction of such motivated objections.


 


In case the Television Company fails to send
any response to the Act sent by the Agency within the specified term, the Act
shall be considered approved.


 


3.
The obligations of the Parties under the Contract shall be terminated upon
final completion of all mutual settlements and any other activities for
complete satisfaction of the mutual obligations of the Parties in compliance
with the procedure specified in the Act.


 


4.
This Agreement is made in duplicate with the same legal effect with one copy
for each Party. This Agreement shall form an integral part of the Contract.


 


5.  This Agreement shall take effect from the
date of its signing by the Parties and shall remain in force until complete
fulfillment by the Parties of their corresponding obligations hereunder.


 

















 


Addresses, Banking Details,
Signatures and Seals of the Parties:


 


	
  The Television Company:

  	
   

  	
  The Agency:

  
	
  “TV
  DARYAL” Closed Joint-Stock Company

   

  Address: 129515,

  Moscow, 4, Akademika Koroleva Street,

  bld. 4  

  Actual address: 129226, Moscow, 16, Dokukina Street,

  bld.1

  OGRN 1027739313205 

  TIN 7716143718,
  KPP 771701001

  S/a 40702810501600000917

  with ALFA-BANK OAO, Moscow 

  c/a 30101810200000000593,

  BIC 044525593 



  “TV DARYAL” ZAO
 16,
  Dokukina Str., 1, 129226, Moscow, Russian Federation
 Beneficiary
  account: 40702840101600000196
 Swift:
  CHASUSS33,

  Correspondent account # 400927098 with JPMorgan

  CHASE BANK,
 New York, 4, New York
  Plaza, N.Y. 10004, USA

  	
   

  	
  “Krossmedia”
  Limited Liability Company

   

   

  Address: 121359, Moscow, 25, Akademika
  Pavlova Street

  Postal address: 121359, Moscow, 25, Akademika Pavlova Street  

  TIN 7710203400,
  KPP 773101001

  OGRN 1027700192145

  S/a 40702810800020104620

  with Sberbank of Russia OAO

  c/a 30101810400000000225
 BIC 044525225

  



 


 


	
  General Director 

  	
   

  	
  General Director

  
	
   

  	
   

  	
   

  
	
  /s/ V.V. Kartashkov

  	
   

  	
  /s/ S.A. Vasiliev

  
	
  V.V. Kartashkov, L.S.

  	
   

  	
  S.A. Vasiliev, L.S.