boqiseries spa光程宠物用品专营店anonlineshopon

ExecutionSERIESAPREFERREDSHAREPURCHASE “Agreement”)ismadeandenteredintoonOctober15,2012byandBoqiiHoldingLimited,anexempted incorporatedandexistingundertheLawsoftheCaymanIslands(the“ BoqiiCorporationLimited,a dulyincorporatedundertheLawsofHongKong(the“HK”);光程信息科技(ShanghaiGuangchengInformationTechnologyCo.,.),a establishedundertheLawsofthePRC(“ShanghaiGuangcheng”)andthecurrentownerof波奇商城(BoqiStore),anon-lineshopon 光程宠物用品专营店(GuangchengPetProductsStore),anon-lineshop(bothon-lineshops,collectively,the“Boqi广州浩盛信息科技(GuangzhouHaoshengInformationTechnologyCo.,.),a establishedundertheLawsofthePRCandwhollyownedbyShanghaiGuangcheng(“GuangzhouHaosheng”);eachoftheindividualsandtheirrespectiveholdingcompanieslistedonScheduleIattachedhereto(eachsuchindividual,a“Principal”andcollectively,the“Principals”,eachsuchholding ,a“Holding”andcollectively,the“HoldingGSInvestmentPartners(Mauritius)ILimitedandPrivateOpportunities(Mauritius)ILimited,eacha organizedundertheLawsoftheRepublicofMauritius(togetherwiththeirrespectivepermittedassignandtransferee,collectively,“GS”);andJAFCOAsiaTechnologyFundV,anexempted organizedundertheLawsoftheCaymanIslands(togetherwithitspermittedassignandtransferee,“JAFCO”;JAFCOtogetherwithGS,collectively,the“Investors”andeachan“Investor”).EachofthepartiestothisAgreementisreferredtohereinindividuallyasa“Party”andcollectivelyasthe“Parties”.TheRelevantEntitleshavebeenengagedinthewholesaleandretailingofpets,food,treats,groomingproducts,healthcareproducts,medicines,toysandaccessoriesin(theThePrincipalsareintheprocessofestablishinga inthePRCwiththeirrespectiveequityinterestinsuch proportionatetoeachoftheirshareholdingpercentageinShanghaiGuangcheng(the“Domestic”).Theholds100%equityinterestoftheHK.TheHKisintheprocessofestablishingaforeign-investedenterpriseinthePRCtobewhollyownedbyit(the“WFOE”).TheDomesticintendstopurchasefromShanghaiGuangchengallofitsoperatingassetsandbusinessanditsentireequityinterestsinGuangzhouHaosheng.祥新商贸(NanjingXiangxinTradeCo.,.)isa undertheLawsofthePRC(“NanjingXiangxin”).TheWFOEintendstooperatethebusinesscurrentlyconductedbyNanjingXiangxinaftertheSecondClosing.奥贝伦贸易(ShanghaiAobeilunTradeCo.,.)isestablishedundertheLawsofthePRC(“ShanghaiAobeilun”)andthecurrentownerof淘气的加菲猫(NaughtyCarfield),anon-lineshopon Carfield”).铭雁贸易(ShanghaiMingyanTradeCo.,.)isaestablishedundertheLawsofthePRC(“ShanghaiMingyan”)andthecurrentownerof小南瓜45(LittlePumpkin45),anon-lineshopon Pumpkin”).ThePartiesexpecttheshareholdersofShanghaiAobeiluntoestablishainthePRC(“NewAobeilun)”totakeoverNaughtyCarfieldfromShanghaiAobeilun,andtheshareholdersofShanghaiMingyantoestablishanother thePRC(“NewMingyan”,andtogetherwithNewAobeilun,collectively,the“NewCos”)totakeoverLittlePumpkinfromShanghaiMingyan.Thereafter,thePartiesexpecttheWFOEtopurchasetheentireequityinterestsintheNewCosandtoNaughtyCarfieldandLittlePumpkinthroughtheTheseeksexpansioncapitaltogrowtheBusinessand,correspondingly,seekstosecureaninvestmentfromtheInvestors,onthetermsandsubjecttotheconditionssetforthherein.D.ThePartiesdesiretoenterintothisAgreementandmaketherespectiverepresentations,warranties,covenantsandagreementssetforthhereinonthetermsandconditionssetforthherein.NOW,THEREFORE,inconsiderationoftheforegoingrecitals,themutualpromiseshereinaftersetforth,andothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thePartiesintendingtobelegallyboundheretoherebyagreeasfollows:Thefollowingtermsshallhavethemeaningsascribedtothembelow:“AccountingStandards”meansgenerallyacceptedaccountingprinciplesinthePRC,appliedonaconsistent“Action”meansanycharge,claim,action,comint,petition,investigation,appeal,suit,litigation,grievance,inquiryorotherproceeding,whetheradministrative,civil,regulatoryorcriminal,whetheratlaworinequity,orotherwiseunderanyapplicableLaw,andwhetherornotbeforeanymediator,arbitratoror “Affiliate”means,withrespecttoa,anyotherthat,directlyorindirectly,Controls,isControlledbyorisundercommonControlwithsuch.InthecaseofanInvestor,theterm“Affiliate”alsoincludes(v)anyshareholderoftheInvestor,(w)anyofsuchshareholder’sorInvestor’generalpartnersorlimitedpartners,(x)thefundmanagermanagingoradvisingsuchshareholderorInvestor(andgeneralpartners,limitedpartnersandofficersthereof)andotherfundsmanagedoradvisedbysuchfundmanager,(y)trustsControlledbyorforthebenefitofanysuchreferredtoin(v),(w)or(x),and(z)anyfundorholding formedforinvestmentpurposesthatispromoted,sponsored,managed,advisedorservicedbysuchInvestor(inthecaseofGS,such“Investor”mentionedinthissub-clause(z)shallalsoincludeGoldmanSachsGroup,Inc.)oranyofitsAffiliates.“AncillaryAgreements”means,collectively,theShareholdersAgreementandtheIndemnificationAgreement,eachasdefinedherein.“Associate”means,withrespecttoany ,(1)acorporationororganization(otherthantheGroupCompanies)ofwhichsuch isanofficerorpartneroris,directlyorindirectly,therecordorbeneficialowneroften(10)percentormoreofanyclassofEquitySecuritiesofsuchcorporationororganization,(2)anytrustorotherestateinwhichsuch hasasubstantialbeneficialinterestorastowhich servesastrusteeorinasimilarcapacity,or(3)anyrelativeorspouseof ,oranyrelativeofsuchspouse.“Benefitn”meansanyemploymentContract,deferredcompensationContract,bonusn,incentiven,profitsharingn,mandatoryprovidentscheme,occupationalretirementscheme,retirementContractorotheremploymentcompensationContractoranyothernwhichprovidesorprovidedbenefitsforanypastorpresentemployee,officer,consultant,and/ordirectorofa orwithrespecttowhichcontributionsareorhavebeenmadeonaccountofanypastorpresentemployee,officer,consultant,and/ordirectorofsucha “Board”or“BoardofDirectors”meanstheboardofdirectorsofthe.“BusinessDay”meansanydaythatisnotaSaturday,Sunday,legalholidayorotherdayonwhichcommercialbanksarerequiredorauthorizedbylawtobeclosedthePRC,HongKong,NewYorkor“CFC”meansacontrolledforeigncorporationasdefinedintheCode. s”means,withrespecttoaparticularlegalentity,articlesofincorporation,ofincorporation,formationor(including,ifapplicable,sofchangeofname),memorandumofassociation,articlesofassociation,bylaws,articlesoforganization,limitedliabilityagreement,trustdeed,trustinstrument,operatingagreement,jointventureagreement,businesslicense,orsimilarorotherconstitutive, erning,orcharters,orequivalents,ofsuchentity.“Circular19”meanstheSAFECircularontheOperationalRulesForeignExchangeAdministrationofFinancingsandRound-TripInvestmentsviaOverseasSpecialPurposeCompaniesbyResidentsin[Huifa(2011)No.19](境内居民通过特殊目的公司融资及返程投资外汇管理操作规程[汇发(2011)19号])issuedbySAFEwitheffectfrom1July2011,asamendedfromtimetotime.“Circular75”meanstheNoticeonRelevantIssuesConcerningForeignExchangeAdministrationforDomesticResidentstoEngageinOverseasFinancingandRoundTripInvestmentviaOverseasSpecialPurposeCompanies(关于境内居民通过特殊目的公司融资及返程投资外汇管理有关问题)issuedbySAFEonOctober21,2005,asamendedfromtimetotime.“Code”meanstheUnitedStatesInternalRevenueCodeof1986,asamended.“CommerciallyReasonableEfforts”means,withrespecttoaParty’sobligationsunderthisAgreement,thelevelofeffortsandtheamountofnormallyusedbysuchPartyforanasset,projectormatterownedbysuchPartyortowhichsuchPartyhasexclusiverightsofsimilarbenefitsorinterest,economicorotherwise,butinanyeventnotlessthanthelevelofeffortsandtheamountofresourcesrequiredtocarryoutsuchobligationinasustainedmannerconsistentwiththepracticesbyaninligent intheindustryundersimilarcircumstances.“OwnedIP”meansallInlectualPropertyownedby,purportedtobeownedby,orexclusivelylicensedto,theRelevantEntities.“RegisteredIP”meansallInlectualPropertyforwhichregistrationsareownedbyorheldinthenameof,orforwhichapplicationshavebeenmadeinthenameof,anyRelevantEntity.“Consent”meansanyconsent,approval,authorization,release,waiver,permit,grant,franchise,concession,agreement,license,exemptionororderof,registration,,declarationorfilingwith,orreportornoticeto, ,includingernmental“Contract”meansacontract,agreement,indenture,note,bond,loan,instrument,lease,mortgage,franchise,license,commitment,purchaseorder,andotherlegallybindingarrangement,whetherwrittenororal.“Control”ofagiven meansthepowerorauthority,whetherexercisedornot,todirectthebusiness,managementandpoliciesofsuch ,directlyorindirectly,whetherthroughtheownershipofvotingsecurities,byContractorotherwise;provided,thatsuchpowerorauthorityshallconclusivelybepresumedtoexistuponpossessionofbeneficialownershiporpowertodirectthevoteofmorethanfiftypercent(50%)ofthevotesentitledtobecastatameetingofthemembersorshareholdersofsuch orpowertocontrolthecompositionofamajorityoftheboardofdirectorsofsuch .Theterms“Controlled”and“Controlling”havemeaningscorrelativetotheforegoing. s”meansthefollowingcontracts:(i)ExclusiveTechnologyandConsultingServiceAgreement(独家技术和咨询服务协议)tobeenteredintobyandbetweentheWFOEandtheDomestic,(ii)ExclusiveOptionAgreement(独家权协议)tobeenteredintobyandamongtheWFOE,theDomesticandtheequityholdersoftheDomestic,(iii)ShareholdersVotingRightsAgreement(股东表决权委托协议)tobeenteredintobyandtheamongtheWFOE,theDomesticandtheequityholdersoftheDomestic(iv)EquityPledgeAgreement(股权质押合同)tobeenteredintobyandamongtheWFOE,theDomesticandtheequityholdersoftheDomestic,(v)SpouseConsentLetter（配偶同意书）ifapplicable,tobesignedbythespouseofeachequityholderoftheDomestic,(vi)IPLicenseAgreement（知识协议）tobeenteredintobyandbetweentheWFOEandtheDomestic,and(vii)LoanAgreement(协议)tobeenteredintobyandtheamongtheWFOEandtheequityholdersoftheDomestic,eachofwhichshallbeinsubstantiallytheformsattachedheretoasExhibitD.“ConversionShares”meansOrdinarySharesissuableuponconversionof“Environmental,HealthandSafetyLaws”meansanyandallapplicablethat:(i)relatetothepollutionorprotectionoftheenvironment(includingair;surfacewater;groundwaterandwaterinpipe,drainageorseweragesystems;landsurfaceorsub-surfacestrata);(ii)prohibit,regulate,orcontrolanyHazardousMaterialoranyHazardousMaterialActivity;or(iii)relatetothehealthorsafetyofemployees,workers,occupiers,inviteesorother “EquitySecurities”means,withrespecttoany thatisalegalentity,anyandallsharesofcapitalstock,membershipinterests,units,profitsinterests,ownershipinterests,equityinterests,registeredcapital,andotherequitysecuritiesofsuch andanyright,warrant,option,call,commitment,conversionprivilege,preemptiverightorotherrighttoacquireanyoftheforegoing,orsecurityconvertibleinto,exchangeableorexercisableforanyoftheforegoing.“Excluded”meansanyofShanghaiGuangcheng,NanjingXiangxin,ShanghaiAobeilunandShanghaiMingyan,collectivelythe“ExcludedCompanies”.“ernmentalAuthority”meansanyernmentofanynation,federation,provinceorstateoranyotherpoliticalsubdivisionthereof,anyentity,authorityorbodyexercisingexecutive,legislative,judicial,regulatoryoradministrativefunctionsoforpertainingtoernment,includinganyernmentalauthority,agency,department,board,commissionorinstrumentalityofthePRCoranyothercountry,oranypoliticalsubdivisionthereof,anycourt,tribunalorarbitrator,andanyself-regulatory“ernmentalOrder”meansanyapplicableorder,ruling,decision,verdict,decree,writ,subpoena,mandate,precept,command,directive,consent,approval,award,judgment,injunctionorothersimilardeterminationorfindingby,beforeorunderthesupervisionofanyernmentalAuthority.“Group”meanseachofthe ,theHK ,GuangzhouHaosheng,andupontheirformation,theDomestic ,theWFOEandtheNewCos,togetherwitheachSubsidiaryofanyoftheforegoing,and“Group”referstoallofGroupCompaniescollectively.“HazardousMaterials”meansanyradioactive,infectious,flble,toxicorhazardoussubstance,chemical,material,waste,pollutant,orcontaminantwhichposesapresentorpotentialhazardtohumanhealthandsafetyortotheenvironment,includingwithoutlimitation(i)thosechemicals,substances,materialsandwastesdefinedas“hazardoussubstances”or“hazardouswaste”prohibitedorregulatedunderanyEnvironmental,HealthandSafetyLaws;and(ii)anypetrochemicalorpetroleumproducts,radioactivematerials,asbestosinanyformthatisorcould efriable,ureaformaldehydefoaminsulation,transformersorotherequipmentthatcontaindielectricfluidcontainingpolychlorinatedbiphenyls,radongas,andtoxicmold.“HazardousMaterialActivity”meansthetransportation,transfer,recycling,storage,use,labeling,treatment,manufacture,removal,disposal,remediation,Release,exposureofothersto,sale,distribution,import,orexportofanyHazardousMaterialsoranyproductcontainingHazardousMaterials.“HongKong”meanstheHongKongSpecialAdministrativeRegionofthePeople’sRepublicof “Indebtedness”ofany means,withoutduplication,eachofthefollowingofsuch :(i)allindebtednessforborrowedmoney,(ii)allobligationsissued,undertakenorassumedasthedeferredpurchasepriceofpropertyorservices(otherthantradepayablesenteredintointheordinarycourseofbusiness),(iii)allreimbursementorpaymentobligationswithrespecttolettersofcredit,suretybondsandothersimilarinstruments,(iv)allobligationsevidencedbynotes,bonds,debenturesorsimilarinstruments,includingobligationssoevidencedthatareincurredinconnectionwiththeacquisitionofproperties,assetsorbusinesses,(v)allindebtednesscreatedorarisingunderanyconditionalsaleorothertitleretentionagreement,orincurredasfinancing,ineithercasewithrespecttoanypropertyorassetsacquiredwiththeproceedsofsuchindebtedness(eventhoughtherightsandremediesofthesellerorbankundersuchagreementintheeventofdefaultarelimitedtorepossessionorsaleofsuchproperty),(vi)allobligationsthatarecapitalized(includingcapitalizedleaseobligations),(vii)allobligationsunderbanker’sacceptance,letterofcreditorsimilarfacilities,(viii)allobligationstopurchase,redeem,retire,defeaseorotherwiseacquireforvalueanyEquitySecuritiesofsuch ,(ix)allobligationsinrespectofanyinterestrateswap,hedgeorcapagreement,and(x)allguaranteesissuedinrespectoftheIndebtednessreferredtoinclauses(i)through(ix)aboveofanyother ,butonlytotheextentoftheIndebtednessguaranteed.“IndemnifiableLoss”means,withrespecttoany ,anyaction,claim,cost,damage,deficiency,diminutioninvalue,disbursement,expense,liability,loss,obligation,penaltyorsettlementofanykindornatureimposedonorotherwiseincurredorsufferedbysuch ,includingwithoutlimitation,reasonablelegal,accountingandotherprofessionalfeesandexpensesincurredintheinvestigation,collection,prosecutionanddefenseofclaimsandamountspaidinsettlementandTaxespayablebysuch byreasonoftheindemnification.“InlectualProperty”meansanyandall(i)patents,patentrightsandapplicationsthereforandreissues,reexaminations,continuations,continuations-in-part,divisions,andpatenttermextensionsthereof,(ii)inventions(whetherpatentableornot),discoveries,improvements,concepts,innovationsandindustrialmodels,(iii)registeredandunregisteredcopyrights,copyrightregistrationsandapplications,maskworksandregistrationsandapplicationstherefor,author’srightsandworksofauthorship(includingartwork,software,computerprograms,sourcecode,objectcodeandexecutablecode,firmware,developmenttools,files,recordsanddata,andrelatedation),(iv)URLs,websites,webpagesandanypartthereof,(v)technicalinformation,know-how,tradesecrets,drawings,designs,designprotocols,specifications,proprietarydata,customerlists,databases,proprietaryprocesses,technology,formulae,andalgorithmsandotherinlectualproperty,(vi)tradenames,tradedress,trademarks,names,servicemarks,logos,businessnames,andregistrationsandapplicationstherefor,and(vii)thegoodwillsymbolizedorrepresentedbytheforegoing.“KeyEmployee”meanstheemployeesoftheRelevantEntitieslistedonScheduleIV.“Knowledge”means,withrespecttotheWarrantors,theactualknowledgeofanyofthePrincipalsorKeyEmployeesofsuchWarrantor,andthatknowledgewhichshouldhavebeenacquiredbyeachsuch aftermakingsuchdueinquiryandexercisingsuchduediligenceasaprudentbusiness wouldhavemadeorexercisedinthemanagementofhisorherbusinessaffairs,includingbutnotlimitedtodueinquiryofallofficers,directors,employees,consultantsandprofessionaladvisers(includingattorneys,accountantsandauditors)ofanyRelevantEntityandofitsAffiliateswhocouldreasonablybeexpectedtohaveknowledgeofthemattersinquestion,andwhereanystatementintherepresentationsandwarrantieshereunderisexpressedtobegivenormadetoa ’sKnowledge,orsofarasapartyisaware,orisqualifiedinsomeothermannerhavingasimilareffect,thestatementshallbedeemedtobesupplementedbytheadditionalstatementthatsuchpartyhasmadesuchdueinquiryandduediligence.“Law”or“Laws”meansanyandallprovisionsofanyapplicableconstitution,treaty,statute,law,regulation,ordinance,code,rule,orruleofcommonlaw,anyernmentalapproval,concession,grant,franchise,license,agreement,directive,requirement,orother ernmentalrestrictionoranysimilarformofdecisionof,ordeterminationby,oranyformallyissuedwritteninterpretationoradministrationofanyoftheforegoingby, ernmentalAuthority,ineachcaseasamended,andandallapplicableernmental“Liabilities”means,withrespecttoany ,allliabilities,obligationsandcommitmentsofsuch ofanynature,whetheraccrued,absolute,contingentorotherwise,andwhetherdueorto edue.“Lien”meansanyclaim,charge,easement,encumbrance,lease,covenant,securityinterest,lien,option,pledge,rightsofothers,orrestriction(whetheronvoting,sale,transfer,dispositionorotherwise),whetherimposedbyContract,understanding,law,equityorotherwise.“MaterialAdverseEffect”meansany(i)event,occurrence,fact,condition,changeordevelopmentthathashad,has,orcouldreasonablybeexpectedtohave,individuallyortogetherwithotherevents,occurrences,facts,conditions,changesordevelopments,amaterialadverseeffectonthebusiness,properties,assets,employees,operations,resultsofoperations,condition(financialorotherwise),prospects,assetsorliabilitiesoftheRelevantEntitiestakenasawhole,(ii)materialimpairmentoftheabilityofanyPartytoperformthematerialobligationsofsuchpartyunderanyTransactions,or(iii)materialimpairmentofthevalidityorenabilityofthisAgreementoranyotherTransactionagainstanyPartyheretoorthereto.“MemorandumandArticles”meanstheamendedandrestatedmemorandumofassociationoftheandtheamendedandrestatedarticlesofassociationoftheattachedheretoasExhibitsA,tobeadoptedinaccordancewithapplicableLawonorbeforetheFirstClosing. ”meanstheMinistryofCommerceofthePRCor,withrespecttoanymattertobesubmittedforexaminationandapprovalbytheMinistryofCommerce,anyernmentalAuthoritywhichisdelegatedorauthorizedbytheMinistryofCommercetoexamineandapprovesuchmatterunderthelawsofthePRC.“NetIRR”means“NetInternalRateofReturn”,itistheannualizedeffectivecompoundedreturnratethatmakesthenetpresentvalueofallfuturecashflows(netofanyapplicabletaxes,charges,feesandexpenses)equaltotheinitialinvestment.“OrderNo.10”meanstheRulesforMergerswithandAcquisitionsofDomesticEnterprisesbyForeignInvestors[《关于外国投资者并购境内企业的规定》]jointlyissuedbythe ,theState-ownedAssetsSupervisionandAdministrationCommission,theStateAdministrationofTaxation,theSAIC,theSecuritiesRegulatoryCommissionandtheSAFEonAugust8,2006,asamendedfromtimeto“OrdinaryShares”meansthe’sordinaryshares,parvalueUS$0.001pershare.“PermittedLiens”means(i)LiensforTaxesnotyetdelinquentorthevalidityofwhicharebeingcontestedingoodfaithandforwhichthereareadequatereservesontheapplicablefinancialstatements,and(ii)Liensincurredintheordinarycourseofbusiness,which(x)donotindividuallyorintheaggregatemateriallydetractfromthevalue,use,ortransferabilityoftheassetsthataresubjecttosuchLiens,and(y)werenotincurredinconnectionwiththeborrowingofmoney. ”meansanyindividual,corporation,partnership,limitedpartnership,proprietorship,association,limitedliability ,firm,trust,estateorotherenterpriseorentity.“PFIC”meansapassiveforeigninvestment asdefinedintheCode.“PRC”meansthePeople’sRepublicof,butsolelyforthepurposesofthisAgreementandtheother s,excludingHongKong,theSpecialAdministrativeRegionandtheislands “PreliminaryRestructuring”means(i)thedulyestablishmentofthe,theHoldingCompanies,andtheHK,(iii)theissuanceofOrdinarySharesbythetotheHoldingCompanies,and(iii)suchotherrestructuringoftheRelevantEntitiesandtheirbusinesseswhichshallbecompletedpriortothedateofthisAgreementasagreeduponamongthePrincipalsandtheInvestors.“PublicSoftware”meansanySoftwarethatcontains,orisderivedinanymanner(inwholeorinpart)from,anysoftwarethatisdistributedassoftware,opensourcesoftware(e.g.,Linux)orsimilarlicensingordistributionmodels,including,withoutlimitation,softwarelicensedordistributedunderanyofthefollowinglicensesordistributionmodels,orlicensesordistributionmodelssimilartoanyofthefollowing:(A)GNU’sGeneralPublicLicense(GPL)orLesser/LibraryGPL(LGPL),(B)theicLicense(e.g.,PERL),(C)theMozillaPublicLicense,(D)theNetscapePublicLicense,(E)theSunCommunitySourceLicense(SCSL),(F)theSunStandardsLicense(SISL),(G)theBSDLicense,and(H)theApache“RelatedParty”meansanyAffiliate,officer,director,supervisoryboardmember,employee,orholderofanyEquitySecurityofanyGroup,andanyAffiliateorAssociateofanyoftheforegoing.“Release”meansanyspilling,leaking,pum,pouring,emitting,emptying,injecting,depositing,discharging,esca,leaching,dumordisposingintoorthroughtheenvironment,includingambientair,surfacewater,soil,sediment,groundwater,orsewagesystemsofanysubstance,materialorwaste(whethersolid,liquidorgaseous),includingtheabandonmentordiscardingofbarrels,containers,andotherreceptacles.“RelevantEntities”meanstheGroupCompaniesandtheExcludedCompanies.“RestructuringAgreements”means,(i)thatcertainAssetTransferAgreementtobeenteredintobyandbetweenthe andShanghaiwithrespecttoalloperatingassets(includingInlectualProperty)andbusinessofShanghaiGuangcheng,includingwithoutlimitationtheBoqiShops,whichshallbeinsubstantiallytheformattachedheretoasExhibitC-1,and(ii)thatcertainEquityTransferAgreementtobeenteredintobyandbetweentheDomesticandShanghaiGuangchengwithrespecttotransferofShanghaiGuangcheng’sentireequityinterestinGuangzhouHaosheng,whichshallbeinsubstantiallytheformattachedheretoasExhibitC-2,eachtobeenteredintobyandamongthepartiesnamedthereinonorpriortotheFirstClosing.“Restructuring”means,collectively,theestablishmentofthestructureunderwhichtheWFOEControlstheDomesticthroughtheControl andthetransactionscontemtedundertheRestructuringAgreements.“SAFE”meanstheStateAdministrationofForeignExchangeofthePRC.“SAFERulesandRegulations”meanscollectively,theCircular75,Circular19andanyotherapplicableSAFErulesand“SAIC”meanstheStateAdministrationofIndustryandCommerceofthePRCor,withrespecttotheissuanceofanybusinesslicenseorfilingorregistrationtobeeffectedbyorwiththeStateAdministrationofIndustryandCommerce,anyernmentalAuthoritywhichissimilarlycompetenttoissuesuchbusinesslicenseoracceptsuchfilingorregistrationunderthelawsofthe“SecuritiesAct”meanstheU.S.SecuritiesActof1933,asamendedandinterpretedfromtimetotime.“SeriesAPreferredShares”meanstheSeriesAPreferredSharesofthe,parvalueUS$0.001pershare,withtherightsandprivilegesassetforthintheMemorandumandArticles.“ShareholdersAgreement”meanstheShareholdersAgreementtobeenteredintobyandamongthepartiesnamedthereinonorpriortotheFirstClosing,whichshallbeinsubstantiallytheformattachedheretoasExhibitE.“SocialInsurance”meansanyformofsocialinsurancerequiredunderapplicableLaws,includingwithoutlimitation,thePRCnationalandlocalcontributionsforpensions,medicalinsurance,unemploymentinsurance,work-relatedinjuryinsurance,pregnancybenefits,andhousingaccumulationfunds.“Software”meansanyandall(A)computerprograms,includinganyandallsoftwareimplementationsofalgorithms,modelsandmethodologies,includingallsourcecodeandexecutablecode,whetherembodiedinsoftware,firmwareorotherwise,ation,developmenttools,designs,files,verilogfiles,RTLfiles,HDL,VHDL,netlists,records,dataandmaskworks;and(B)databasesandcompilations,includinganyandalldataandcollectionsofdata,whethermachinereadableorotherwise