Agreement Between Syndicates. Each Hong Kong Underwriter acknowledges the terms of the Agreement Between Syndicates and: (1) irrevocably authorises the Global Coordinator to enter into the Agreement Between Syndicates on its behalf (with such variations or amendments as the Global Coordinator shall in its sole judgement consider not to have a material adverse effect upon such Hong Kong Underwriter) so as to bind it in the capacity of Hong Kong Underwriter; and (2) agrees with the Global Coordinator to observe and comply with its obligations as a Hong Kong Underwriter under the Agreement Between Syndicates.
