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In this event, the assigning Party and its successors shall assign a share of its capital inventory of the Operating Company equal to the assigned proportion of its rights and interests arising from the Contract.

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Party B shall pay the Transfer Price to Hong Kong Yuansheng in a single lump sum following the effectiveness of Target Company Share Transfer Agreements and the Contractual Operation Agreement and inside 5 working days following the date on which approval from the overseas trade administration authority is obtained.

To the extent permitted by regulation, we may make a payment, or conform to make a cost, whether or not by the use of advance, mortgage or in any other case, for any authorized costs incurred by an current or former secretary or any of our officers in respect of any matter identified in above provided that the secretary or officer should repay the quantity paid by us to the extent that it’s finally found not liable to indemnify the secretary or that officer for these legal costs. We consider that every of the following issuances was exempt from registration underneath the Securities Act in reliance on Rule 701 of Regulation S beneath the Securities Act relating to gross sales by an issuer in offshore transactions. The Underwriting Agreement, the form of which has been filed as Exhibit 1.1 to this Registration Statement, may even provide for indemnification of us and our officers and administrators. The most up-to-date Preliminary Prospectus conformed, and the Prospectus will conform, in all materials respects when filed with the Commission pursuant to Rule 424 under the Securities Act and on the relevant Delivery Date to the requirements of the Securities Act and the principles and regulations thereunder.

The Company further covenants and agrees that it will pay when due and payable any and all federal and state switch taxes and expenses which may be payable in respect of the original issuance or supply of the Warrant Certificates or certificates evidencing Ordinary Shares upon train of the Warrants. The Company covenants and agrees that it’ll cause to be reserved and stored out there out of its authorized and unissued Ordinary Shares or its licensed and issued Ordinary Shares held in its treasury, free from preemptive rights, the number of Ordinary Shares that shall be sufficient to permit the train in full of all excellent Warrants. The Company also agrees to indemnify the Warrant Agent for, and to hold it innocent against, any loss, legal responsibility or expense incurred without gross negligence, or willful misconduct on the a part of the Warrant Agent, finally adjudicated to have been instantly brought on by Warrant Agent hereunder, together with the affordable prices and bills of defending in opposition to any claim of such legal responsibility. Attended Lawsikho’s BootcampsAttended Lawsikho’s Bootcampsattended lawsikho’s bootcampsMiluo law firmMiluo Law Firm

Nothing herein shall preclude the Warrant Agent from appearing in any other capacity for the Company or for some other legal entity. Hereto for all providers rendered by the Warrant Agent and to reimburse the Warrant Agent for affordable out-of-pocket expenses incurred with out gross negligence or willful misconduct finally adjudicated to have been directly attributable to the Warrant Agent in reference to the companies rendered hereunder by the Warrant Agent.