Exhibit 4.58 

 

**Second Amended and Restated Loan Agreement**

 

The Amended and Restated Loan Agreement (hereinafter the “Agreement”) is executed on December 30, 2004 by the following eachparties. 

 

eLong, Inc (hereinafter “Party A”) 

**Legal Address:**4th Floor, Hutchence David Century Garden, George Town, Grand 

Cayman, Cayman Islands 

 

Justin Tang (hereinafter “Party B”)

**Address:** Room 23A No. 1 Building, Yujing Garden, No.5 Shoutudong Street, 

Chaoyang District, Beijing, P. R. China 

**ID No.:**320106197103121236 

 

Veronica Chen (hereinafter “Party C”) 

**Address:**Room 6, Unit 3, No.3 Building, Daoxiangyuan, Haidian District, Beijing 

**ID No.:**120106196601157029 

 

RaymondHuang (hereinafter “Party D”) 

**Address:**Room 2305, Guanzhuang Yangguanghuayuan International Mansion-D, Chaoyang District, Beijing

**ID No.:**11010819751101971X 

 

**Whereas:**

 

1. Party A is a company registered in Cayman Islands; Party B ,Party C and Party D are the citizens of the People’s Republic of China. Party B holds 75% equity interest in Beijing eLong Information TechnologyCo., Ltd (hereinafter the “Beijing eLong”) and Party C and Party D holds 12.5% equity interest of Beijing eLong. The eLong Net Technology (Beijing) Co., Ltd. (hereinafter the “eLongNet Technology”) is a wholly foreign ownedenterprise registered and validly existing under the laws of PRC and Party A holds 100% equity interest of it. 

 

2. The eLongNet Technology has provided RMB 1,000,000 to Qu Zhi, a former shareholder holding 25% equity interests in Beijing eLong and Party B for the investment of Quzhi and Party B in Beijing eLong. To terminatethe financing relationship occurred among Party B, Quzhi and eLongNet Technology, Party B and Quzhi have returned RMB 1, 000, 000 to eLongNet Technology. In this regard, Party A has provided fund support to Party B and Qu Zhi. 

 

3. Party A, Party B and Qu Zhi once signed an amended and restated loan agreement on July20th 2004, with agreement on the credit-debt relationship that Party A borrowed RMB 16, 000, 000 from Party B and QuZhi. Among the borrowed money, RMB 12, 000, 000 was loaned to Party B and RMB 4, 000, 000 to Party C. 

 

4. According to the Stock Transfer and Debt Transfer Agreement signed between Party C, Party D and Qu Zhi on December 30th 2004, Party C and Party D is assigned with the 25% equities of Beijing eLong by Qu Zhi and the entire credit-debt relationship with Beijing eLong incurred from Qu Zhi. 

 

5 To reflect the entire credit-debt relationship with Beijing eLong assigned from Qu Zhi toParty C and Party D, Party A, Party B and Party C hereby make a second amendment and restatement to the Amended and Restated Loan Agreement signed with Party A, Party B and Qu Zhi according to the description in this agreement. 

 

**NOW THEREFORE,**Party A, Party B, Party C and Party D through mutual negotiations hereby agree as follows:

 

1). Party A agree to provide a loan to Party B, Party C and Party D with thetotal as RMB 16,000,000 in accordance with the terms and conditions under the Agreement, of which there is RMB12,000,000 to Party B and RMB 2,000,000 to Party C and RMB 2,000,000 to Party D. Party B , Party C and Party D accept such loan.

 

2). Party B, Party C and Party D agree such loan shall be used only to pay theamount of capital subscribed or to invest in Beijing eLong by the other forms. Each Party should confirm that RMB1,600,000 shall be paid to eLongNet Technology for the refund of the debt arising from the investment in Beijing eLong by Party B, PartyC and Party D. Party B, Party C and Party D should use such loan in accordance with this term only. Without the prior written consent of Party A and eLongNet Technology, Party B, Party C and Party D shall not use such loan for any other purpose.

 

3). The preconditions of the Loan provided by Party A to Party B, Party C andParty D: 

 

(1). Party B, Party C and Party D as well as eLongNet Technology haveformally executed a Equity Interest pledge contract (Hereinafter the “Equity Interest Pledge Contract”), by virtue of which Party B, Party C and Party D agree to pledge all their equity interest in Beijing eLong to eLongNet Technology.

 

(2). Party B, Party C, Party D and Party A have executed an exclusive purchasecontract (the “Exclusive Purchase Contract”) under the fifth term of The Agreement, as per which Party B, Party C and Party D grant Party A an option to purchase all or part of equity interest in Beijing eLong, provided that it ispermitted by laws of PRC. 

 

(3).The above-mentioned Equity Interest PledgeContract and Exclusive Purchase Contract are in full effectiveness, of which there is none of default event and all relevant filing procedures, approval, authorization, registration and governmental proceedings have been obtained or completed (ifneeded). 

 

(4). The representation and warranties of Party B, Party C and PartyD under Section 10 are true, integrate, correct and un-misleading. 

 

(5). PartyB, Party C and Party D breaches none of its commitments under Section 11, Section 12 and no event which will affect their performance of the obligations hereunder, happens or threatens to happen. 

 

4). Party A agrees to remit the amount of such loan in a lump sum or in installments to theaccount designated by the Borrower, provided that all of the preconditions set forth in Section 3 of the Agreement are satisfied or are waived by Party A in writing. Party B,Party C and Party D shall issue confirmation notification to Party A on theday receiving the amount of the loan. Each party agree and confirm the commitments of loan under the Agreement by Party A are effective only to Party B, Party C and Party D themselves, but not their inheritor or transferee. 

 

5). Each party agree and confirm that, subject to the permission of the law, Party A has theright to, but has no obligation to, at any time, purchase or designate the other (legal person or natural person) to purchase all or part of Party B, Party C’s equity interest in Beijing eLong (the “Option to Purchase”). Party A shallissue a written notification to Party B and Party C for the purchase. Once Party A issues the written notification, as per which Party B and Party C shall 

 

transfer their equity interest in Beijing eLong to Party A or the person designated by Party A at purchase price equals to the original price of investmentor be granted by Party A. Party A, Party B, Party C and Party D jointly agree to sign an exclusive purchase contract according to the aforesaid item. 

 

6). Party B, Party C and Party D agree that, when they transfer their Equity Interest in Beijing eLong to Party A or the person designated by Party A according to theexclusive purchase contract, any proceeds raised from the transfer shall be paid promptly to Party A as the refund of the loan under the Agreement. 

 

7). All the parties jointly agree and confirm that, the loan under the Agreement shall be deemed as the loan without interest, except there exists other stipulationhereunder. But when the equity interest transfer under Section 5 happens and if its necessary to appraise the equity interest according to the relevant laws and if the equity interest transfer price is higher than the principle of loan according tothe appraisal result, the exceed part shall be paid back to Party A as the cost occupied by the interest of the loan or the capital burdened by Party A. 

 

8). Term for the loan hereunder will be ten (10) years and shall be extended upon the Agreement of all parties through negotiations. But during the term or extended termof such loan, Party B,Party C and Party D shall refund the loan ahead of the loan term or the extended loan term, if either of the following events occurs: 

 

(1) Party B quits from or dismissed by Party A or its affiliates; 

 

(2) Party B become dead or becomes a person without capacity or with limited capacity for civil acts; 

 

(3) Party B commit a crime or involve a crime; 

 

(4) Any other third party claim more than RMB100,000 against Party B and Party C; 

 

(5) Under the permit of the P.R.C’s Law, Party A or other designated by Party A may invest in the telecommunications internet information service business orother business of Beijing eLong, and according to the Exclusive Purchase Contract, Party A shall issue a written notification to the Party for the purchase of Beijing eLong’s equity interest and perform the right of purchase. When the loan isdue, the corresponding borrower (or its successor or transferee) shall transfer its equity interest in Beijing eLong to the person designated by Party A promptly (or to Party A, provided that it is permitted under the laws of PRC). Any proceedsraised from the transfer shall be paid to Party A as the refund of the loan and the right as well as the obligation under the Agreement shall terminate simultaneously. 

 

9). Party A represents and warrants to Party B, Party C and Party D that, on the execution date of the Agreement, 

 

(1) Party A is a company registered in Cayman Islands and validly existing under the laws ofit. 

 

(2) Subject to its business scope, constitution and other organizationaldocuments, Party A has full right, power and all necessary and appropriate approval and authorization to execute and perform this Agreement; 

 

(3) The execution and the performance of this Agreement shall not be against any enforceable and effective laws and regulations, governmental approval, authorization andnotification, other government documents and any contracts executed with, or commitments made to, any third party; and 

 

(4) This Agreement shall constitute the legal, valid and binding obligations of Party A, which is enforceable againstParty A in accordance with its terms upon its execution. 

 

10). Party B andParty C represents and warrants to Party A that, from the execution date of this Agreement until the date this Agreement terminates, 

 

(1) Beijing eLong is a limited liability company registered and validly existing under the laws of PRC. Party B Party C and Party D is the shareholder of the company.

 

(2) Subject to its constitution and other organizational documents, Party B,Party C and Party D has full right, power and all necessary and appropriate approval and authorization to execute and perform this Agreement; 

 

(3) Party B, Party C and Party D shall not execute and perform this Agreement against any enforceable and effective laws and regulations, governmental approval,authorization and notification, or other government documents and any contracts executed with, or commitments made to, any third party; 

 

(4) This Agreement shall constitute the legal and valid obligations of Party B, Party C and Party D, which is enforceable against Party B, Party C and PartyD inaccordance with its terms upon its execution; 

 

(5) Party B, Party C and Party Dhas paid contribution in full for its equity in Beijing eLong in accordance with applicable laws and regulations and has acquired capital contribution verification report issued by the qualified accounting firm; 

 

(6) Party B, Party C and Party D neither create pledge, mortgage or any other security, normake third party any offer to transfer their equity held on Beijing eLong, nor make acceptance for the offer of any third party to purchase their equity, nor execute agreement with any third party to transfer the equities of Party C, Party C andParty D, except the terms of the Equity Pledge Contract; 

 

(7) There are nodisputes, lawsuit, arbitration, administrative or other proceedings related to the equities of Beijing eLong held by Party B, Party C, Party D and/or Party B, Party C and Party D, nor any threatened disputes, lawsuit, arbitration, administrative orother proceedings involving Party B, Party C, Party D and/or the equities held by Party B, Party C and Party D; and 

 

(8) Beijing eLong has completed all governmental approval, authorization, license,and register, filing and otherwise necessary to carry out the business subject to itsbusiness license and to possess its assets. 

 

11). The Borrower agrees that itshall, during the term of this Agreement, 

 

(1) Not sell, transfer, mortgage,dispose of in any other way, or create other security interest on, any of its legal right of equity or equity interest in Beijing eLong without Party A’s prior written consent, except the terms of the Agreement; 

 

(2) Without Party A’s prior written consent, not to consent, support or execute anyresolution in the shareholders’ meeting of Beijing Interactive for the sale, transfer, mortgage, any other disposal of Beijing eLong’s legal right of equity or equity interest or to create any other security interest of BeijingeLong’s legal right of equity or equity interest, except that the counter party is Party A or those designated by Party A; 

 

(3) Without Party A’s prior written consent, not to consent, support or execute any resolution in theshareholders’ meeting of Beijing eLong for the merge or combination with, buy or investment in, any person without Party A’s prior consent; 

 

(4) Promptly inform Party A of the pending or threatened suit, arbitration or regulatory procedure concerning the equity interest of Beijing eLong. 

 

(5) Execute all necessary or appropriate documents, take all necessary or appropriate actionand bring all necessary or appropriate lawsuit or make all necessary and appropriate defending against all claims, in order to maintain the ownership of Beijing eLong for all its assets; 

 

(6) Do nothing that may materially affect the assets, business and liabilities of Beijing eLong without Party A’s prior writtenconsent; 

 

(7) Appoint any person to be the director of Beijing eLong subject toParty A’s request; 

 

(8) Transfer promptly and unconditionally, at once,all of the Equity Interest of Party B Part C, and Party D in Beijing eLong to Party A or representative designated by Party A and cause the other shareholder of Beijing eLong to waive its option to purchase such equity hereof, subject to therequesting of the then holding company of Party A, provided that such transfer is permitted under the laws of PRC; 

 

(9) Not require Beijing eLong to issue dividends or allocate its allocable profits to Party B, Part C and Party D; 

 

(10) Cause the other shareholder of Beijing eLong to transfer promptly and unconditionally,at once, all equity interest of the other shareholder in Beijing eLong to Party A or the representative designated by Party A and Party B Party C and Party D hereby waive its option to purchase such equity interest hereof, subject to the requestingof the then holding company of Party A, provided that such transfer is permitted under the laws of PRC; 

 

(11) Once Party B and Party C transfer the equity interest in Beijing eLong to Party A or the representative designated by Party A, Any proceeds raised from the transfer shall be refund to Party A promptly.

 

(12) Comply strictly with the terms of this Agreement, and Exclusive PurchaseContract, fully perform all obligations under such contracts and do nothing affecting the validity and enforceability of such contracts. 

 

12). Party B, Party C and Party D, as major shareholder of Beijing eLong, agrees that it shall cause Beijing eLong, during the term of this Agreement, 

 

(1) Not to supply, amend or modify its articles of constitution, to increase or decrease itsregistered capital, or to change its capital structure in any way without Party A’s prior written consent; 

 

(2) Subject to good financial and business rules and practices, to maintain and operate its business and handle matters prudently and effectively; 

 

(3) Not to sell, transfer, mortgage, dispose of in any other way, or to create other securityinterest on, any of its assets, business or legal right to collect interests without Party A’s prior written consent; 

 

(4) Without Party A’s prior written consent, not to create, succeed to, guarantee or permit any debt, except (i) thedebt arising in the course of the ordinary or daily business operation, but not arising from the loan, and (ii) the debt being reported to Party A or having approved Party A in writing; 

 

(5) To operate persistently all the business of Beijing eLong and to maintain the value of its assets; 

 

(6) Without Party A’s prior written consent, not to execute any material contracts(During this stage, a contract will be deemed material if the value of it exceeds RMB100, 000) except those executed during the ordinary operation; 

 

(7) To provide information concerning all of its operation and financial affairs subject to Party A’s request; 

 

(8) Not to merger or combine with, buy or invest in, any other person without Party A’sprior written consent; 

 

(9) Without Party A’s prior written consent, notto issue dividends to each shareholder in any form, however, Beijing eLong shall promptly allocate all its allocable profits to each of its shareholders upon Party A’s request; 

 

(10) To inform promptly Party A of the pending or threatened suit, arbitration or regulatory procedure concerning the assets, business orincome of Beijing eLong; 

 

(11) To execute all necessary or appropriatedocuments, to take all necessary or appropriate action and to bring all necessary or appropriate lawsuit or to make all necessary and appropriate defending against all claims, in order to maintain the ownership of Beijing eLong for all its assets;

 

(12) To comply strictly with the terms under the technical service Contractand other contracts, fully perform all obligations under such contracts and do nothing affecting the validity and enforceability of such contracts. 

 

13). Party B, Party C, and Party D further agree that, they shall pledge all their equity interest in Beijing eLong to eLongNet Technologies for the warrant of thepayment obligation of Beijing eLong under the technical service Contract. Party B and Party C shall handle procedures for the registrations of the pledge at the company registration authority promptly after execute the Agreement. 

 

14). The Agreement are effective to all the parties and their inheritor or transferee, andexecuted only for the interest of them. Without the other party’s prior written consent, any party shall not transfer, pledge or transfer in any other way the right, interest or obligation under the Agreement. 

 

15). The execution, validity, interpretation, performance, modification, termination andsettlement of disputes of this Agreement shall be governed by the laws of PRC. 

 

16). *Arbitration*

 

(1) Any dispute, tangle or claim arisingfrom the agreement or relating with the agreement (including any issue relating with the existence, validity or termination 

 

of the agreement) should be submitted to China International Economic and Trade Arbitration Commission (the “Arbitration Commission”). ArbitrationCommission shall conduct arbitration in accordance with the current effective rules of Arbitration application. The arbitration award shall be final and binding upon both parties. 

 

(2) Arbitration place shall be in Beijing, PRC. 

 

(3) Arbitration language shall be English. 

 

(4) The court of arbitration shall compose of three arbitrators. Both parties should respectively appoint a arbitrator, the chairman of the court of arbitration shall beappointed by both parties through consultation. In case both parties do not coincide in opinion of the person selected for the chief arbitrator within twenty days from the date of their respectively appoint an arbitrator, the director of ArbitrationCommission shall have right to appoint the chief arbitrator. The chief arbitrator shall not be Chinese citizen or United State citizen. 

 

(5) Both parties agreed that the court of arbitration established according to the regulation shall have right to provide actually performed relief on the propersituation according with China’s Law (including but not being limited to Law of Contract of the People’s Republic of China). For the avoidance of doubt, both parties further that any court having jurisdiction (including China’s Court)shall carry out the arbitral award of actual performance issued by the court of arbitration. 

 

(6) Both parties agreed to conduct arbitration in accordance with this regulation, and irrepealably abstain the right to appeal, reexamine or prosecute to national court or other administration of justice in any form,and the precondition shall be that the aforesaid waiver is effective. However the waiver of both parties does not include any post-arbitration injunction, post-arbitration distress warrant or other command issued by any court having jurisdiction(including PRC Court) for terminating the arbitration procedure or carrying out any arbitral award. 

 

17). From the date of signing of this Agreement, all parties agree that the items and conditions of the Agreement should be effective from the date of completing change in equity holding transferred from Qu Zhi toParty C and Party D and expire on the date of all parties satisfying their obligations under this Agreement. 

 

18. Party B and Party C will not cancel or terminate this Agreement under any circumstance, except (1) Party A has gross negligence, commits fraud or other serious illegal act, or (2) Party A bankrupt or insolvent;

 

19). No amendment or change is permitted unless with written agreement fromparties to this agreement. Any outstanding issues of this agreement, if any, shall be supplemented by parties hereto through signing a written agreement. Any amendment, change and supplement executed by all the parties and any appendix of thisAgreement shall be the indispensable part of this Agreement. 

 

20). ThisAgreement is the integral agreement of the transaction stipulated in this Agreement and it will replaced all the oral negotiation or written opinion for this transaction heretofore. 

 

21). This Agreement is divisible and any invalid or unenforceable clause of this Agreement will not affect the effectiveness andenforceability of other clause of this Agreement. 

 

22). The business, operation, financial affairs and other confidential documents concerning any party of this Agreementare confidential data. All the parties shall strictly protect and maintain the confidentiality of all such confidential data acquired from The Agreement or from the performance of The Agreement. 

 

23). This Agreement is executed in quadruplicate and each Party holds one copy. Each originalhas the same legal effect. 

 

(No text hereunder) 

 

IN WITNESS WHEREOF, Parties to this Agreement or through their duly authorizedrepresentatives have executed this Agreement as of the date first written above in Beijing. 

 

**Party A:** eLong, Inc. 

**Authorized Representative (Signature):**
 
/s/

**Official Seal:**
 
/s/

 

**Party B:** Justin Tang

**Signature:**
 
/s/

 

**Party C:**********VeronicaChen 

**Signature:**
 
/s/

 

**Party****D****:**********Raymond Huang 

**Signature:**
 
/s/