Document:

The B.O. Agmt by and among Golden VIP Ltd, R.Huang ZhongMing VIP Ltd

 Exhibit 4.55 
  
 Business Operation Agreement 
  

This Business Operation Agreement (hereinafter the “Agreement”) is entered into on the day of February 5, 2005 (hereinafter the “Effective Date”)
among the following parties: 
  
 Golden VIP Information Technology (Beijing) Co.,
Ltd. (hereinafter “Party A”) 
 Registered Address: Room 206, Block B, Xingke Plaza, 10 Jiuxianqiao Street, Chaoyang District Beijing

  
 Raymond Huang. (hereinafter “Party B”) 
 Address: Room 2305, Guanzhuang Yangguanghuayuan International Mansion-D, Chaoyang District, Beijing 
 ID No.: 11010819751101971X 
  
 Beijing
ZhongMing VIP Marketing Consultants Co., Ltd. (hereinafter “Party C”) 
 Address: Room 2301, West Zhubang 2000 Business Center, Balizhuang
Xili, Chaoyang District, Beijing 
 Legal Representative: Huang Xiaojun 
  
 WHEREAS: 
  
 (1) Party A is a limited company founded according to Chinese laws; 
  
 (2) Party C is a limited company founded according to Chinese laws; 
  
 (3) Party B is a shareholder of Party B, holding 75% equity interest of Party C; 
  

(4) Pursuant to Credit & Debt Transfer Agreement signed between Party A, Party B and Raytime Consultant Limited (hereinafter “Raytime”) on February
5th 2005, Party B shall be assigned the debt of Party A to Raytime in amount of RMB750, 000. To secure Party B of
its obligation under the Credit & Debt Transfer Agreement, Party C and Party A signed the Equity Interest Pledge Agreement on February 5th 2005, according to which Party B pledged all its equity interests in Party C to Party B. Party A, Party B, Party C and Raytime signed an Exclusive Purchase Right Agreement on February 5th 2005 with agreement that Raytime or any third party designated by Raytime can enjoy the exclusive purchase right of all the equity interest of Party
B in Party C; 
  
 (5) As the daily business operation of Party C will produce
substantial influence on Party B’s obligation in Credit & Debt Transfer Agreement and realization of the said Equity Interest Pledge Agreement and Exclusive Purchase Right Agreement, each party agrees upon discussion to define any matter
related to business operation of Party C in accordance with the provisions in this agreement. 
  
 NOW THEREFORE, all parties through mutual negotiations hereby enter into this Agreement based upon the following terms: 
  

1. In order to ensure Party C’s normal operation, Party A agrees, subject to Party C’s satisfaction of the relevant provisions herein, to act as the
guarantor for Party C in the contracts, agreements or transactions in association with Party C’s operation between Party C and any other third party and to provide full guarantee for Party B in performing such contracts, agreements or
transactions. Party B agrees to mortgage the receivables of its operation and the company’s whole asset to Party A as a counter guarantee. Pursuant to the above guarantee arrangement, Party A, as the guarantor for Party C, shall respectively
enter into written guarantee contracts with Party C’s counter parties to assume the guarantee liability. 
  
 2. In consideration of the requirement of Article 1 herein and to ensure the performance of the various operation agreements between Party A and Party C and to ensure the payment of the various payables by Party C to
Party A, Party C together with its shareholders Party B hereby 

  

 
jointly agree that Party C shall not conduct any transaction which may materially affect its assets, obligations, rights or the company’s operation
unless the obtainment of a prior written consent from Party A, including without limitations to the following contents: 
  
 2.1 To borrow money from any third party or assume any debt (including contingent liabilities); 
  
 2.2 To sell to any third party or acquire from any third party any assets or rights, including without limitations to any intellectual
property rights; 
  
 2.3 To provide security interest, financial burden or
priority rights for any third party with its entire or partial assets or intellectual property rights; 
  
 2.4 To assign to any third party the agreements entered into by it on partial or entire or any of its businesses. 
  
 3. Appointment of the Company’s Employees 
  
 3.1 In order to ensure the performance of the various operation agreements between Party A, Party B and Party C, Party C together with its shareholders Party B hereby
jointly agree to accept the provision of the corporate policies and guidance by Party A at no time in respects of appointment and dismissal of the company’s employees, the company’s daily operation administration and the company’s
financial administrative system. 
  
 3.2 Party C together with its shareholders
Party B hereby jointly agree that Party C shall only appoint the personnel recommended by Party A as the directors of Party C, and Party C shall engage Party A’s high ranking officers or any other candidate recommended by Party A as Party
C’s general manager, chief financial officer, and other high ranking officers. If any of the above officers leaves or is fired by Party A, he or she will lose the qualification to undertake any positions in Party C and Party C, shall appoint
other high officers of Party A recommended by Party A to undertake such position. 
  
 4. Guarantees for Working Capital 
  
 The guarantee for the loan
of working capital Party C together with its shareholders Party B hereby jointly agree and confirm that except the stipulation set forth in Article 1 herein, Party C shall seek a guarantee from Party A first if Party C needs any guarantee for its
performance of any contract or loan of working capital in the course of operation. In this case, Party A shall have the right but not the obligation to provide appropriate guarantee to Party C on its own discretion. If Party A decides not to provide
such guarantee, Party A shall issue a written notice to Party C immediately and Party C shall seek a guarantee from other third party. 
  
 5. Termination 
  
 5.1 In the event that any of the agreements between Party A and Party C terminates or expires, Party A shall have the right but not the obligation to terminate all agreements between Party A and Party C. 

 
 5.2 Party A has right to terminate the agreement by delivering 30 days’ written
notice to Party C at any time. During the validity period of the agreement, Party C and Party B should not terminate the agreement in advance, except the regulations in the applicable law. 
  
 6. Compensation for Damage 
  
 All the parties agree that any party violating any obligation of the agreement shall
compensate any or all loss, responsibility, expense, claim or expenditure (including legal expense and expenditure), to any other party (Hereinafter “Party Accepting Compensation”), and guarantee that the Party 
  

 Accepting Compensation shall not receive any damage. 
  
 7. Settlement of Distribution 
  
 7.1 The agreement shall be under the jurisdiction of the law of PRC, and be explained in accordance with the law of PRC. 
  
 7.2 Any dispute, tangle or claim arising from 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”). Arbitration Commission shall
conduct arbitration in accordance with the current effective rules of arbitration application. The arbitration award shall be final and binding upon both parties. 
  
 7.3 Arbitration place shall be in Beijing, PRC. 
  
 7.4 Arbitration language shall be English. 
  
 7.5 The court of arbitration shall compose of three arbitrators. Both parties should respectively appoint an arbitrator, the chairman of the court of arbitration shall be
appointed 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 Arbitration
Commission shall have right to appoint the chief arbitrator. The chief arbitrator shall not be Chinese citizen or American citizen. 
  
 7.6 Both parties agreed that the court of arbitration established according to the regulation shall have right to provide actually performed relief on the proper
situation according with PRC 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 PRC Court) shall carry out
the arbitral award of actual performance issued by the court of arbitration. 
  
 7.7 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. 
  
 8. Effectiveness of the Agreement 
  
 8.1 This Agreement shall be
executed and founded as of the date first set forth above by each party hereto and become effective since the date that Party C has completed its transference of 75% equity interest change to Party B. The Agreement shall remain effective during
existence of Party A (including any extended period). 
  
 8.2 Any amendment and
supplement of this Agreement shall be in a written form. The amendment and supplement after being duly executed by each Party shall be part of this Agreement and shall have the same legal effect as this Agreement. 
  
 8.3 This Agreement is executed by Chinese in triplicate and each party holds one copy, which
shall have the same legal effect. 
  

 (No text hereunder) 
  
 IN WITNESS WHEREOF the parties hereto have caused this Agreement to be duly executed on their behalf by a duly authorized representative as of the Date first
written above. 
  
 Party A: Golden VIP Information Technology (Beijing)
Co., Ltd. 

			
		
	Signature of Authorized Representative:	 	/s/

			
		
	Official Seal:	 	/s/

  
 Party B: Raymond Huang

			
		
	Signature:	 	/s/

  
 Party C: Beijing ZhongMing VIP
Marketing Consultants Co., Ltd. 
 Official Seal: 
 Signature of Authorized Representative:The E.I.P. Agmt by and between eLongNet

 Exhibit 4.56 
  
 Equity Interests Pledge Agreement 
  
 This Equity Interests Pledge Agreement (the “Agreement”) is entered into on the day of March 22, 2005 by and between the following
parties: 
  
 Pledgee: eLongNet Information Technology (Beijing) Co., Ltd.

 Address: 10 Jiuxianqiao Road, Chaoyang District, Beijing 
 Legal Representative: Justin Tang 
  
 Pledgor: Tian Binbin

 Address: Room 203, Unit 7, No. 2 Building, Jiulian Xincun, Wenshan Road, Hangzhou 
 ID No.: 330103501124042 
  
 WHEREAS,

  
 (1). The Pledgor owns 20% of the equity interest in Hangzhou Global-link
Consultation Service Co., Ltd. (hereinafter “Hangzhou Global-link”). Hangzhou Global-link is a limited company registered under the laws and regulations of People’s Republic of China (hereinafter “China”) with registration
address as Room 1208, Sector A of Champion Torch Building, 259 Wen San Road, Xihu District Hangzhou and qualified to engage in Grade II airline transportation sales agent business (governed by appraisal and decision of East China Administration of
CAAC). The Pledgee is a limited company founded in accordance with the Chinese law. 
  
 (2). The Pledgee signed the Loan Agreement with Hangzhou Global-link on March 22nd 2005 in Beijing and
agreed that the Pledgee provided fund support to the Pledgor. 
  
 (3) For securing
that the Pledgor undertakes its obligations with the Pledgee in accordance with the Loan Agreement, the Pledgor is willing to pledge all of its equity interest in Hangzhou Global-link to the Pledgee. 
  
 Therefore the Pledgee and the Pledgor through mutual negotiations hereby enter into this
Agreement based upon the following terms: 
  
 1.
Definitions And Interpretation 
  
 Unless otherwise provided in this
Agreement, the following terms shall have the following meanings: 
  
 1.1 Pledge
means the full content of Article 2 hereunder 
  
 1.2 Equity Interest means all
equity interests in Hangzhou Global-link legally held by the Pledgor. 
  
 1.3 Term
of Pledge means the period provided for under Article 3.1 hereunder. 
  
 1.4 Event
of Default means any event in accordance with Article 7.1 hereunder. 
  
 1.5
Notice of Default means the notice of default issued by the Pledgee in accordance with this Agreement. 
  
 2. Assignments And Pledge 
  
 2.1 The Pledgor agrees to pledge all its equity interest in Hangzhou Global-link to the 
 Pledgee. Pledge under this Agreement refers to the rights owned by the Pledgee who shall be entitled to have priority in receiving payment by the evaluation or proceeds from the conversion, auction or sale of the
equity interests pledged by the Pledgor to the Pledgee. 
  

 3. Term Of Pledge 
  
 3.1 This Agreement shall take effect as of the date when the equity interests under this Agreement are recorded in the Register of
Shareholder of Hangzhou Global-link. The term of the Pledge is the same with the term of Loan Agreement. 
  
 3.2 During the period, the Pledgor shall be entitled to dispose of the Pledge in accordance with this Agreement in the event that Hangzhou Global-link fails to execute its obligation under the Loan Agreement.

  
 4. Physical Possession Of Documents

  
 4.1 During the term of Pledge under this Agreement, the Pledgor shall deliver
the physical possession of the certificate of distribution and the name list of shareholder of Beijing eLong to the Pledgee within one week as of the date of conclusion of this Agreement. 
  
 4.2 The Pledgee shall be entitled to collect the dividends from the equity interests. 
  
 4.3 The pledge in this Agreement shall be record in the shareholder’s register.

  
 5. Representation of the Pledgor

  
 5.1 The Pledgor is the legal owner of the equity interests. 
  
 5.2 The Pledgor does not pledge or encumber the equity interests to any other person except
for the Pledgee. 
  
 6. Warranties and
Guarantee of the Pledgor 
  
 6.1 During the effective term of this Agreement,
the Pledgor covenants to the Pledgee that the Pledgor shall: 
  
 6.1.1 Not
transfer or assign the equity interests, create or permit to create any pledges which may have an adverse effect on the rights or benefits of the Pledgee without prior written consent from the Pledgee; unless the two parties have agreed otherwise.

  
 6.1.2 Comply with and implement laws and regulations with respect to the
pledge of rights, present to the Pledgee the notices, orders or suggestions with respect to the Pledge issued or made by the competent authority within five days upon receiving such notices, orders or suggestions and comply with such notices, orders
or suggestions, or object to the foregoing matters at the reasonable request of the Pledgee or with consent from the Pledgee. 
  
 6.1.3 Timely notify the Pledgee of any events or any received notices which may affect the Pledgor’s equity interest or any part of its right, and any events or any
received notices which may change the Pledgor’s any covenant and obligation under this Agreement or which may affect the Pledgor’s performance of its obligations under this Agreement. 
  
 6.2 The Pledgor agrees that the Pledgee’s right of exercising the Pledge obtained from
this Agreement shall not be suspended or hampered through legal procedure by the Pledgor or any successors of the Pledgor or any person authorized by the Pledgor or any other person. 
  
 6.3 The Pledgor warrants to the Pledgee that in order to protect or perfect the security over the payment of the technical consulting and
service fees under the Service Agreement, the Pledgor shall execute in good faith and cause other parties who have interests in the pledge to execute all the title certificates, agreements, and or perform and cause other parties who have interests
to take action as required by the Pledgee and make access to exercise the rights and authorization vested in the Pledgee under this Agreement. 
  

 6.4 Execute all the documents with respect to the changes of certificate of equity interests with the Pledgee or the
person (natural person or legal entity) designed by the Pledgee, and provides all the notices, orders and decisions regarded as necessary by the Pledgee with the Pledgee within the reasonable time. 
  
 6.5 The Pledgor warrants to the Pledgee that the Pledgor will comply with and perform all the
guarantees, covenants, agreements, representations and conditions for the benefits of the Pledgee. The Pledgor shall compensate all the losses suffered by the Pledgee for the reasons that the Pledgor does not perform or fully perform their
guarantees, covenants, agreements, representations and conditions. 
  
 7. Event Of Default 
  
 7.1 The following
events shall be regarded as the event of default: 
  
 7.1.1 The Pledgor fails to
perform its obligation in or under the Loan Agreement. 
  
 7.1.2 The Pledgor makes
any material misleading or fraudulent representations or warranties under Article 5 herein, and/or the Pledgor is in violation of any warranties under Article 6 herein; 
  
 7.1.3 The Pledgor violates the covenants under any of the Articles herein; 
  
 7.1.4 The Pledgor waives the pledged equity interests or transfers or assigns the pledged equity interests without prior written consent
from the Pledgee; 
  
 7.1.5 The Pledgor is unable to repay any general debt or
other debts. The Pledgor’s any external loan, security, compensation, covenants or any other compensation liabilities (1) are required to be repaid or performed prior to the scheduled date due to default; or (2) are due but can not be repaid or
performed as scheduled and thereby cause the Pledgee to deem that the Pledgor’s capacity to perform the obligations herein is affected; 
  
 7.1.6 This Agreement is illegal for the reason of the promulgation of the related laws or the Pledgor’s incapability of continuing to perform the obligations herein;

  
 7.1.7 Any approval, permits, licenses or authorization from the competent
authority of the government needed to perform this Agreement or validate this Agreement are withdrawn, suspended, invalidated or materially amended; 
  
 7.1.8 The property of the Pledgor is adversely changed and cause the Pledgee deem that the capability of the Pledgor to perform the obligations herein is affected;

  
 7.1.9 The default resulted in the action or inaction of Pledgor’s
breaching the other Articles of this Agreement; 
  
 7.1.11 Other circumstances
whereby the Pledgee is incapable of exercising the right to dispose the Pledge in accordance with the related laws. 
  
 7.2 The Pledgor shall immediately give a written notice to the Pledgee if the Pledgor is aware of or find that any event under Article 7.1 herein or any events that may
result in the foregoing events have happened or is going on. 
  
 7.3 Unless the
event of default under Article 7.1 herein has been solved to the Pledgee’s satisfaction, the Pledgee, at any time when the event of default happens or thereafter, may give a written notice of default to the Pledgor and require for disposal of
the Pledge in accordance with Article 8 herein. 
  

 8. Exercise Of The Right Of The Pledge 
  
 8.1 The Pledgor shall not transfer or assign the pledge without prior written approval from
the Pledgee prior to the full performance of its obligation under the Loan Agreement, except that the Pledgor and the Pledgee have agreed otherwise. 
  
 8.2 Subject to Article 7, the Pledgee may exercise the right to dispose the Pledge when the Pledgee gives a notice of default. 
  
 8.3 The Pledgee is entitled to have priority in receiving payment by the evaluation or
proceeds from the auction or sale of whole or part of the equity interests pledged herein in accordance with legal procedure until the outstanding consulting and service fees and all other payables under the Service Agreement are repaid. 

 
 8.4 The Pledgor shall not hinder the Pledgee from disposing the Pledge in accordance with
this Agreement and shall give necessary assistance so that the Pledgee could realize his Pledge. 
  
 9. Transfers Or Assignment 
  
 9.1 The Pledgor shall not donate or transfer his rights and obligations herein without prior written consent from the Pledgee. 
  
 9.2 This Agreement shall be binding upon the Pledgor and his successors and be effective to
the Pledgee and his each successor and assignee. 
  
 9.3 The Pledgee may transfer
or assign his all or any rights and obligations under the Service Agreement to any individual (natural person or legal entity) at any time. In this case, the assignee shall enjoy and undertake the same rights and obligations herein of the Pledgee as
if the assignee is a party hereto. When the Pledgee transfers or assigns the rights and obligations under the Service Agreement, at the request of the Pledgee, the Pledgor shall execute the relevant agreements and/or documents with respect to such
transfer or assignment. 
  
 9.4 After the Pledgee’s change resulting from the
transfer or assignment, the new parties to the pledge shall enter into a pledge agreement. 
  
 10. Termination 
  
 10.1 This Agreement shall not be terminated until the Pledgor has fully performed its obligations under the Loan agreement and that the Pledgor has no more obligations
under the Loan agreement. The Pledgee should cancel or absolve this agreement within reasonable time of practical feasibility. 
  
 In case the agreement is terminated, the Pledgee shall cancel or terminate this Agreement within reasonable time as soon as practicable. 
  
 11. Force Majeure 
  
 12.1 Force majeure, which includes acts of governments, acts of nature, fire,
explosion, typhoon, flood, earthquake, tide, lightning, war, means any unforeseen events beyond the prevented party’s 

  

 
reasonable control and cannot be prevented with reasonable care. However, any shortage of credit, capital or finance shall not be regarded as an event beyond
a Party’s reasonable control. The Pledge affected by force majeure shall notify the other party of exemption promptly; 
  
 12.2 In the event that the affected party is delayed in or prevented from performing its obligations under this Agreement by force majeure, only within the scope
of such delay or prevention, the affected party will not be responsible for any damage by reason of such a failure or delay of performance. The affected party shall take appropriate means to minimize or remove the effects of force majeure and
attempt to resume performance of the obligations delayed or prevented by the event of force majeure. After the event of force majeure is removed, both parties agree to resume the performance of this Agreement with their best
efforts. 
  
 13. Dispute Resolution

  
 13.1 This Agreement shall be governed by and construed in accordance with the
PRC law. 
  
 13.2 Any dispute, tangle or claim arising from 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”).
Arbitration Commission shall conduct arbitration in accordance with the current effective rules of arbitration application. The arbitration award shall be final and binding upon both parties. 
  
 13.3 Arbitration place shall be in Beijing, PRC. 
  
 13.4 Arbitration language shall be English. 
  
 13.5 The court of arbitration shall compose of three arbitrators. Both parties should
respectively appoint an arbitrator, the chairman of the court of arbitration shall be appointed 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 a arbitrator, the director of Arbitration Commission shall have right to appoint the chief arbitrator. 
  
 13.6 both parties agreed that the court of arbitration established according to the regulation shall have right to provide actually performed relief on the proper
situation according with PRC Law (including but not being limited to Law of Agreement of the People’s Republic of China). For the avoidance of doubt, both parties further that any court having jurisdiction (including PRC Court) shall carry out
the arbitral award of actual performance issued by the court of arbitration. 
  
 13.7 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. 
  
 13. Notice 
  
 14.1 Any notice, which is
given by the parties hereto for the purpose of performing the rights, duties and obligations hereunder, shall be in writing form (including fax and telex). Where such notice is delivered personally, the time of notice is the time when such notice
actually reaches the addressee; where such notice is transmitted by telex or facsimile, the notice time is the time when such notice is transmitted. If such notice does not reach the addressee on business date or reaches the addressee after the
business time, the next business day following such day is the date of notice. The delivery place is the address first written above of the parties hereto or the address advised in writing including facsimile and telex from time to time. 

 

 14. Appendices 
  
 15.1 The appendices to this Agreement are entire and integral part of this Agreement. 
  
 15. Effectiveness 
  
 16.1 This agreement and any amendments, modification, supplements, additions or changes hereto shall be in writing and come into effect upon
being executed and sealed by the parties hereto. 
  
 16.2 This Agreement is
executed by Chinese in duplicate, and each party holds one copy and each copy and the copies shall have the same legal effect. 
  
 (No text hereunder) 
  

 In witness whereof the parties hereto have caused this Agreement to be duly executed by the parties themselves or on
their behalf by a duly authorized representative as of the Effective Date first written above. 
  
 The Pledgee: eLongNet Information Technology (Beijing) Co., Ltd. 
 Signature of Authorized Representative:
Justin Tang 

			
		
	 Official Seal:
	 	 /s/

  
 The Pledgor: Tian Binbin

			
		
	 Signature:
	 	 /s/

 Appendices 
  
 1. Register of Shareholders of Hangzhou Global-link; 
  
 2. Certificate of Capital Contribution of Hangzhou Global-link; 
  
 3. Loan Agreement;

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}]]