Document:

Exhibit 4.27

Exhibit 4.27

WAIVER OF NON-COMPETITION COVENANT

This WAIVER (this “Waiver”) is entered into as of November 1, 2008 (the “Effective
Date”) by and among eLong, Inc., an exempted limited liability company organized under the laws
of the Cayman Islands (the “Company”), eLongNet Information Technology (Beijing) Co., Ltd.,
a company organized under the laws of the People’s Republic of China (the “eLongNet”), and
Expedia, Inc., a company organized under the laws of the State of Delaware, USA
(“Expedia”), and Expedia Asia Pacific-Alpha Limited, an exempted limited liability company
organized under the laws of the Cayman Islands (“Expedia Asia Pacific-Alpha”).

RECITALS

WHEREAS, the Company, eLongNet, eLongNet Hi-Tech (Beijing) Co., Ltd. (“Hi-Tech”), IACT Asia
Pacific Limited, an exempted limited liability company organized under the laws of the Cayman
Islands (“IACT Asia Pacific”), and InterActiveCorp, a company organized under the laws of
the State of Delaware, USA (“IAC”), entered into that Transaction Agreement (the
“Agreement”) made as of the 23rd day of July, 2004;

WHEREAS, IACT Asia Pacific changed its name to Expedia Asia Pacific-Alpha, and IAC assigned
its interest in the Agreement to Expedia;

WHEREAS, Beijing eLong Information Technology Co., Ltd., an affiliate of the Company, holds a
license for Internet content provision services, and Hi-Tech has been dissolved;

WHEREAS, Hotels.com, L.P., a Texas limited partnership (“Hotels.com”) is a subsidiary
of Expedia;

WHEREAS, Section 5.10(a) of the Agreement, subject to certain exceptions, prohibits Expedia,
or any Expedia affiliate or subsidiary, from owning, managing, operating, financing, joining, or
controlling, or participating in the ownership, management, operation, financing or control of, or
being associated as a director, partner, lender, investor or representative in connection with, any
entity or business which operates a travel service in the People’s Republic of China
(“PRC”) or which markets travel services to PRC residents (the “Non-Compete
Covenant”) until such time as certain conditions are met, which, as of the Effective Date, have
not been met;

WHEREAS, Expedia, through one or more of its affiliates or subsidiaries, including but not
limited to Hotels.com, desires to provide travel services in the PRC , exclusively via a Web site
located at www.hotels.cn or any successor or replacement thereof which is owned and operated by
Hotels.com (the “Hotels.cn Web Site”) and to market the Hotels.cn Web Site to PRC residents
(the “Purpose”), and in connection therewith, the Company and Hotels.com wish to enter into
(i) a Private Label Agreement dated as of even date herewith (the “Private Label
Agreement”) and (ii) a Profit Share Agreement dated as of even date herewith (the “Profit
Share Agreement”), in order to implement and/or fulfill the Purpose; and

WHEREAS, the Company and eLongNet desire to waive their rights under the Non-Compete Covenant
of Section 5.10(a) of the Agreement insofar as it may restrict or prohibit Hotels.com from pursuing
the Purpose pursuant to terms and conditions of the Private Label Agreement and the Profit Share
Agreement.

 

 

 

NOW, THEREFORE, in consideration of the premises and mutual covenants and agreements herein
contained, and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto hereby covenant and agree as
follows:

1. Waiver of Non-Competition Covenant. The Company and eLongNet, jointly and
severally, hereby waive their rights under the Non-Compete Covenant of Section 5.10(a) of the
Agreement solely as related to the Purpose to the extent contemplated and permitted by the Private
Label Agreement and the Profit Share Agreement, as the case may be. Expedia, through Hotels.com,
is hereby expressly authorized to carry out all activities reasonably necessary to implement and/or
fulfill the Purpose pursuant to the Private Label Agreement and the Profit Share Agreement, as the
case may be, including but not limited to, the hiring of employees, and the provision of travel
services exclusively via the Hotels.cn Web Site and to market the Hotels.cn Web Site to PRC
Residents.

2. Waiver Reinstatement. If the Private Label Agreement or the Profit Share
Agreement, as the case may be, shall expire or terminate for any reason, the rights of the Company
and eLongNet under the Non-Compete Covenant of Section 5.10(a) of the Agreement waived by this
Waiver, shall be reinstated in their entirety upon such expiration or termination.

3. Except as specifically and to the extent amended pursuant to this Waiver, the Agreement
remains in full force and effect in accordance with its terms.

4. This Waiver may be executed in a number of identical counterparts. A telecopied facsimile
of a duly executed counterpart of this Waiver shall be sufficient evidence of the binding agreement
of each party to the terms herein.

[remainder of this page intentionally left blank]

 

 

 

IN WITNESS WHEREOF, the parties hereto have executed this Waiver as of the date first above
written.

	 	 	 	 	 	 	 	 	 	 	 
	ELONG, INC.	 	 	 	EXPEDIA, INC.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Guangfu Cui
 

Name: Guangfu Cui

Title: CEO
	 	 
	 	By:
	 	/s/ Burke F. Norton
 

Name: Burke F. Norton

Title: Executive Vice President

          General Counsel and Secretary
	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	ELONG NET INFORMATION TECHNOLOGY
(BEIJING) CO., LTD.	 	 	 	EXPEDIA ASIA PACIFIC-ALPHA LIMITED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Guangfu Cui
 

Name: Guangfu Cui
	 	 
	 	By:
	 	/s/ Burke F. Norton
 

Name: Burke F. Norton
	 	 
	 

	 	Title: Director
	 	 	 	 	 	Title: DirectorExhibit 4.28

Exhibit 4.28

AGREEMENT

This AGREEMENT (the “Agreement”) is entered into as of April 7, 2009 by and among
eLong, Inc., an exempted limited liability company organized under the laws of the Cayman Islands
(the “Company”), eLongNet Information Technology (Beijing) Co., Ltd., a company organized
under the laws of the People’s Republic of China (the “eLongNet”), Expedia, Inc., a
company organized under the laws of the State of Washington, USA (“Expedia”), and Expedia
Asia Pacific-Alpha Limited, an exempted limited liability company organized under the laws of the
Cayman Islands (“Expedia Asia Pacific-Alpha”).

RECITALS

WHEREAS, the Company, eLongNet, eLongNet Hi-Tech (Beijing) Co., Ltd. (“Hi-Tech” and,
together with the Company, eLongNet and any successors or assigns of any of the foregoing, the
“eLong Parties”), IACT Asia Pacific Limited, an exempted limited liability company
organized under the laws of the Cayman Islands (“IACT Asia Pacific”), and
IAC/InterActiveCorp, a company organized under the laws of the State of Delaware, USA
(“IAC”), entered into a Transaction Agreement (the “Transaction Agreement”) on July
22, 2004;

WHEREAS, IACT Asia Pacific changed its name to Expedia Asia Pacific-Alpha Limited
(“Expedia Asia Pacific-Alpha”), and IAC assigned its interest in the Transaction Agreement
to Expedia;

WHEREAS, Beijing eLong Information Technology Co., Ltd., an affiliate of the Company, holds a
license for internet content provision services, and Hi-Tech has been dissolved; and

WHEREAS, Section 5.10 (the “Non-Compete Covenant”) of the Transaction Agreement,
subject to certain exceptions, prohibits Expedia and Expedia Asia Pacific-Alpha, directly or
indirectly (including without limitation through its affiliates or subsidiaries (as the case may
be) Expedia.com and Hotels.com), from owning, managing, operating, financing, joining, or
controlling, or participating in the ownership, management, operation, financing or control of, or
being associated as a director, partner, lender, investor or representative in connection with, any
entity or business which operates a travel service in the People’s Republic of China (excluding
Hong Kong, Macau and Taiwan, the “PRC”) or which markets travel services to PRC residents
until such time as certain conditions are met, which, as of the date hereof, have not been met.

 

 

 

NOW, THEREFORE, in consideration of the premises and mutual covenants and agreements herein
contained, and for other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto hereby covenant and agree as follows:

1. Non-Compete Covenant; TripAdvisorChina.

Each of the eLong Parties hereby waives any rights which any of the eLong Parties may possess
under the Non-Compete Covenant with respect to the TripAdvisorChina Business. For the avoidance of
doubt, neither TripAdvisor LLC nor any of its subsidiaries (collectively, “TripAdvisor”)
shall be restricted from, directly or indirectly, entering into or participating in commercial
agreements with any entity or business that operates a travel service in the PRC or that markets
travel services to PRC residents, provided that such participation or agreement is in the ordinary
course of the TripAdvisorChina Business.

“TripAdvisorChina Business” means the online travel search engine and directory
business (including, without limitation, the aggregation of traveler opinions and articles, the
provision of links to travel partners through which travelers can make related travel
arrangements), as currently conducted by TripAdvisor in the United States and elsewhere, including
through its Chinese-language website (www.daodao.com) (or any Chinese language successor or
replacement thereof owned directly or indirectly by Expedia), with reasonable extensions thereof
(including the acquisition, directly or indirectly, of a similar business); provided that the
“TripAdvisorChina Business” shall not be deemed to include the ability to directly reserve, book or
purchase hotel accommodations in the PRC or plane tickets arriving or departing from the PRC on
www.daodao.com (or successor website or interactive platform).

Each of Expedia and Expedia Asia Pacific-Alpha does not believe that any of the eLong Parties
possess any rights under the Non-Compete Covenant with respect to the TripAdvisorChina Business.

2. TripAdvisor Negotiations

Expedia shall engage, or shall cause TripAdvisor to engage, in good faith negotiations with
the Company with respect to preferred commercial terms for the Company’s participation on
TripAdvisor’s website www.daodao.com.

3. Effectiveness of Prior Agreements.

Except as modified by the terms of Section 1 of this Agreement, the Transaction Agreement and
other agreements entered into by the parties remain in full force and effect in accordance with
their terms.

4. Miscellaneous.

The parties hereto agree that the provisions of Section 8 (Miscellaneous) of the Transaction
Agreement, other than Section 8.10 thereof, shall apply to this Agreement and that such provisions
are incorporated herein by reference.

[remainder of page intentionally left blank]

 

 

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date written
above.

	 	 	 	 	 	 	 	 	 	 	 
	ELONG, INC.	 	 	 	EXPEDIA, INC.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Guangfu Cui
 

	 	 
	 	By:
	 	/s/ Burke F. Norton
 

	 	 
	 

	 	Name: Guangfu Cui
	 	 	 	 	 	Name: Burke F. Norton	 	 
	 

	 	Title: CEO
	 	 	 	 	 	Title: EVP, General Counsel	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	ELONGNET INFORMATION TECHNOLOGY
(BEIJING) CO., LTD.	 	 	 	EXPEDIA ASIA PACIFIC-ALPHA LIMITED	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	/s/ Guangfu Cui
 

	 	 
	 	By:
	 	 /s/ Burke F. Norton
 

	 	 
	 

	 	Name: Guangfu Cui
	 	 	 	 	 	Name: Burke F. Norton	 	 
	 

	 	Title: Director
	 	 	 	 	 	Title: Director and Secretary

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}]]