Common use of Liability for Default Clause in Contracts

Liability for Default. 9.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) materially breaches any provision of this Agreement, or materially fails to perform or delays in performing any obligation under this Agreement, it shall constitute a default under this Agreement (“Default”) and each of the non-defaulting Parties (“Non-defaulting Parties”) shall be entitled to request the Defaulting Party to cure such Default or take remedies within a reasonable time period. If the Defaulting Party fails to cure such Default or take remedies within such reasonable time period or within ten (10) days after the other Party notifies the Defaulting Party in writing and requests it to cure such Default, then: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled to terminate this Agreement and request the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damages; 9.1.2 If the WFOE is the Defaulting Party, the Non-defaulting Parties shall be entitled to request the WFOE to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not be entitled to terminate or cancel this Agreement under any circumstances. 9.2 Notwithstanding any other provisions of this Agreement, the validity of this section shall not be affected by the suspension or termination of this Agreement.

Liability for Default. 9.1 11.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) materially breaches any provision of this Agreement, or materially fails to perform or delays in performing any obligation under this Agreement, it shall constitute a default under this Agreement (“Default”) and each of the non-defaulting Parties (“Non-defaulting Parties”) Party shall be entitled to request the Defaulting Party to cure such Default or take remedies within a reasonable time period. If the Defaulting Party fails to cure such Default or take remedies within such reasonable time period or within ten (10) days after the other non-Defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, thenthen the non-defaulting Party is entitled to decide at its discretion: 9.1.1 11.1.1 If any Shareholder or the Company Party B is the Defaulting Party, the WFOE Party A shall be entitled to terminate this Agreement and request the Defaulting Party to indemnify it for against all the damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damages; 9.1.2 11.1.2 If the WFOE Party A is the Defaulting Party, the Non-defaulting Parties Party B shall be entitled to request the WFOE Defaulting Party to indemnify it for all the damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the PartiesLaws, the Nonnon-defaulting Parties Party shall not be entitled to terminate or cancel this Agreement under any circumstances. 9.2 11.2 Notwithstanding any other provisions of this Agreement, the validity of this section Section 11 shall not be affected by the any suspension or termination of this Agreement.

Liability for Default. 9.1 11.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) materially breaches any provision of this Agreement, or materially fails to perform or delays in performing any obligation under this Agreement, it shall constitute a default under this Agreement (“Default”) and each of the non-defaulting Parties (“Non-defaulting Parties”) party shall be entitled to request the Defaulting Party to cure such Default or take remedies within a reasonable time period. If the Defaulting Party fails to cure such Default or take remedies within such reasonable time period or within ten (10) days after the other Non-Defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, thenthen the non-defaulting party is entitled to decide at its discretion: 9.1.1 11.1.1 If any Shareholder or the Company is Existing Shareholders are the Defaulting Party, the WFOE shall be entitled to terminate this Agreement and request the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damages; 9.1.2 11.1.2 If the WFOE is the Defaulting Party, the Nonnon-defaulting Parties Party shall be entitled to request the WFOE Defaulting Party to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Nonnon-defaulting Parties Party shall not be entitled to terminate or cancel this Agreement under any circumstances. 9.2 11.2 Notwithstanding any other provisions of this Agreement, the validity of this section shall not be affected by the suspension or any termination of this Agreement.

Liability for Default. 9.1 9.1. The Parties agree and acknowledge that if any Party (“Defaulting Party”) materially substantially breaches any provision of this Agreementhereunder, or materially substantially fails to perform or substantially delays in performing any obligation under this Agreementobligations hereunder, it such breach, failure or delay shall constitute a default under this Agreement hereunder (“Default”) and each that in such event, any of the non-defaulting Parties (“Non-defaulting PartiesDefaulting Party”) shall be entitled have the right to request demand the Defaulting Party to cure such Default or take remedies remedial measures within a reasonable time periodtime. If the Defaulting Party fails to cure such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other Non-Defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, then: 9.1.1 9.1.1. If any Shareholder either of the Shareholders or the Company is the Defaulting Party, the WFOE shall be entitled to terminate this Agreement and request demand the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damagesdamage; 9.1.2 9.1.2. If the WFOE is the Defaulting Party, the Non-defaulting Parties Defaulting Party shall be entitled to request demand the WFOE Defaulting Party to indemnify it for damagesdamage, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Partieslaw, the Non-defaulting Parties Defaulting Party shall not in no event be entitled to terminate or cancel revoke this Agreement under any circumstancesAgreement. 9.2 9.2. Notwithstanding any other provisions of this Agreementhereof, the validity of this section Section 9 shall not be affected by the any suspension or termination of this Agreement.

Liability for Default. 9.1 11.1. The Parties agree and acknowledge that if any Party (the “Defaulting Party”) materially substantially breaches any provision of this Agreementhereof, or materially substantially fails to perform or delays in performing any obligation under this Agreementobligations hereunder, it such breach, failure or delay shall constitute a default under this Agreement hereunder (the “Default”) and each of that in such event, the non-defaulting Parties (“Non-defaulting Parties”) Party shall be entitled have the right to request demand the Defaulting Party to cure such Default or take remedies remedial measures within a reasonable time periodlimit. If the Defaulting Party fails to cure such Default or take remedies remedial measures within such reasonable time period limit or within ten (10) days after the other non-defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, then: 9.1.1 If any Shareholder or the Company non-defaulting Party shall have the right to do the following: (i) if Party A is the Defaulting Party, Party B shall have the WFOE shall be entitled right to elect to terminate this Agreement and request the Defaulting demand Party A to indemnify it for damages, or to request the Defaulting demand enforced performance by Party to continue to perform A of its obligations under this Agreement and to request the Defaulting hereunder; (ii) if Party to indemnify it for all the damages; 9.1.2 If the WFOE B is the Defaulting Party, Party A shall have the Non-defaulting Parties shall be entitled right to request the WFOE demand Party B to indemnify it for damages, provided that that, unless otherwise stipulated by laws or this Agreement or agreed by under the PartiesLaws, the Non-defaulting Parties shall not be entitled to in no event may Party A terminate or cancel rescind this Agreement under any circumstancesAgreement. 9.2 11.2. Notwithstanding any other provisions of hereof, this Agreement, Section 11 shall survive the validity of this section shall not be affected by the suspension or termination of this Agreement.

Liability for Default. 9.1 11.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) materially substantially breaches any provision of this Agreementhereunder, or materially substantially fails to perform or substantially delays in performing any obligation under this Agreementobligations hereunder, it such breach, failure or delay shall constitute a default under this Agreement hereunder (“Default”) and each of that in such event, the non-defaulting Parties (“Non-defaulting Parties”) Party shall be entitled have the right to request demand the Defaulting Party to cure such Default or take remedies remedial measures within a reasonable time periodtime. If the Defaulting Party fails to cure such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other non-defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, then: 9.1.1 If any Shareholder or the Company is the Defaulting Partynon-defaulting Party may elect, the WFOE shall be entitled in its discretion, to (1) terminate this Agreement and request demand the Defaulting Party to fully indemnify it for damages, damage; or to request (2) demand enforced performance by the Defaulting Party to continue to perform of its obligations under this Agreement hereunder and to request full indemnification from the Defaulting Party for damage. The full indemnification for damage is limited to indemnify it for all the damages;amount of Service Fees paid in that year. 9.1.2 If the WFOE is the Defaulting Party11.2 Notwithstanding Clause 11.1 above, the Non-defaulting Parties shall be entitled to request the WFOE to indemnify it for damages, provided agree and acknowledge that unless otherwise stipulated by laws Laws or this Agreement or agreed by the PartiesAgreement, the Non-defaulting Parties Party A shall not in no event be entitled permitted to demand to terminate or cancel this Agreement under on the ground of any circumstancesreason. 9.2 11.3 Notwithstanding any other provisions of this Agreementhereof, the validity of this section Article 11 shall not be affected by the suspension or any termination of this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that if any Party (hereinafter referred to as the “Defaulting Party”) materially substantially breaches any provision of this Agreement, or materially substantially fails to perform or delays in performing any obligation under this Agreement, it such shall constitute a default Default under this Agreement (hereinafter referred to as the “Default”) and each any Party of the nonother Non-defaulting Parties (hereinafter referred to as the “Non-defaulting Parties”) shall be entitled to request require the Defaulting Party to cure such Default or take remedies within a reasonable time period. If the Defaulting Party fails to cure such Default or take remedies within such reasonable time period or within ten (10) fifteen days after the other Party notifies Non-defaulting Parties notify the Defaulting Party in writing and requests require it to cure such Default, then: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be relevant Non-defaulting Parties are entitled to at their absolute discretion (1) terminate this Agreement and request the require Defaulting Party to indemnify it for all the damages, ; or to request (2) require the specific performance of the Defaulting Party to continue to perform its Party’s obligations under this Agreement and to request require the Defaulting Party to indemnify it for all the damages; 9.1.2 If . For the WFOE is the Defaulting Partyavoidance of doubt, the Non-defaulting Parties shall be entitled to request Shareholders or the WFOE to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not Company will be entitled to terminate or cancel this Agreement under any circumstancespursuant to this section merely in the event of the Default of the WFOE. 9.2 Notwithstanding any other provisions of The Parties agree and acknowledge that except for otherwise provided by laws and this Agreement, the validity Shareholders and the Company shall in no event terminate this Agreement with any reason. 9.3 Notwithstanding otherwise provided in this Agreement, the effectiveness of this section shall not be affected by the suspension dissolution or termination of this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that if any Party (the “Defaulting Party”) materially breaches any provision of this Agreementhereof, or materially fails to perform or delays in performing any obligation under this Agreementhereunder, it such breach, failure or delay shall constitute a default under this Agreement hereunder (the “Default”) and each any of the non-defaulting Parties (the “Non-defaulting PartiesDefaulting Party”) shall be entitled have the right to request demand the Defaulting Party to cure such Default or take remedies remedial measures within a reasonable time periodperiod of time. If the Defaulting Party fails to cure such Default or take remedies remedial measures within such reasonable period of time period or within ten (10) days after upon receipt of the other Party notifies written notice from the Non-Defaulting Party in writing and requests requesting it to cure such Default, then: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE or the Cayman Company shall be entitled to terminate this Agreement and request demand the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damagesdamage; 9.1.2 If the WFOE or the Cayman Company is the Defaulting Party, the Non-defaulting Parties Defaulting Party shall be entitled to request demand the WFOE Defaulting Party to indemnify it for damagesdamage, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Partieslaws, the Non-defaulting Parties Defaulting Party shall not in no event be entitled to terminate or cancel rescind this Agreement under any circumstancesAgreement. 9.2 Notwithstanding any other provisions of hereof, this Agreement, the validity of this section Section shall not be affected by survive the suspension or termination of this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that confirm that, if any Party (hereinafter the “Defaulting Party”) materially breaches substantially any provision of this Agreement, the provisions herein or materially fails substantially to perform or delays in performing any obligation of the obligations under this Agreement, it shall constitute a default under this Agreement (hereinafter a “Default”) ), and each any of the non-defaulting Parties (“Non-defaulting Parties”) parties shall be entitled have the right to request require the Defaulting Party to cure rectify such Default or take remedies remedial measures within a reasonable time period. If the Defaulting Party fails to cure rectify such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other Party notifies of a non-defaulting party notifying the Defaulting Party in writing and requests requiring it to cure such rectify the Default, thena non-defaulting party shall have the right at its own discretion to select any of the following remedial measures: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled (1) to terminate this Agreement and request the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request require the Defaulting Party to indemnify it for all damages suffered; or (2) to seek mandatory performance of the damages; 9.1.2 If the WFOE is obligations of the Defaulting Party, Party hereunder and require the Non-defaulting Parties shall be entitled to request the WFOE Defaulting Party to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not be entitled to terminate or cancel this Agreement under any circumstancesall damages suffered. 9.2 Notwithstanding the above Article 9.1, the Parties agree and confirm that in no circumstances shall any Shareholder request the termination of this Agreement for any reason. 9.3 The rights and remedies prescribed herein are cumulative, and other rights or remedies prescribed by the law are not precluded. 9.4 Notwithstanding any other provisions of this Agreementherein, the validity of this section Article shall not be affected by the suspension or termination of this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that confirm that, if any Party (hereinafter the “Defaulting Party”) materially breaches substantially any provision of this Agreement, the provisions herein or materially fails substantially to perform or delays in performing any obligation of the obligations under this Agreement, it shall constitute a default under this Agreement (hereinafter a “Default”) ), and each any of the non-defaulting default Parties (“Non-defaulting Parties”) shall be entitled have the right to request require the Defaulting Party to cure rectify such Default or take remedies remedial measures within a reasonable time period. If the Defaulting Party fails to cure rectify such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other of a non-defaulting Party notifies notifying the Defaulting Party in writing and requests requiring it to cure such rectify the Default, thenthe non-defaulting Party shall have the right at its own discretion to select any of the following remedial measures: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled (1) to terminate this Agreement and request the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request require the Defaulting Party to indemnify it for all damages suffered; or (2) to seek mandatory performance of the damages; 9.1.2 If the WFOE is obligations of the Defaulting Party, Party hereunder and require the Non-defaulting Parties shall be entitled to request the WFOE Defaulting Party to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not be entitled to terminate or cancel this Agreement under any circumstancesall damages suffered. 9.2 Notwithstanding the above Article 9.1, the Parties agree and confirm that in no circumstances shall any Shareholder request the termination of this Agreement for any reason. 9.3 The rights and remedies prescribed herein are cumulative, and other rights or remedies prescribed by the law are not precluded. 9.4 Notwithstanding any other provisions of this Agreementherein, the validity of this section Article shall not be affected by the suspension or termination of this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) materially substantially breaches any provision of this Agreementhereunder, or materially substantially fails to perform or substantially delays in performing any obligation under this Agreementobligations hereunder, it such breach, failure or delay shall constitute a default under this Agreement hereunder (“Default”) and each that in such event, any of the non-defaulting Parties (“Non-defaulting PartiesDefaulting Party”) shall be entitled have the right to request demand the Defaulting Party to cure such Default or take remedies remedial measures within a reasonable time periodtime. If the Defaulting Party fails to cure such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other Non-Defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, then: 9.1.1 (a) If any either of the Existing Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled to terminate this Agreement and request demand the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damagesdamage; 9.1.2 (b) If the WFOE is the Defaulting Party, the Non-defaulting Parties Defaulting Party shall be entitled to request demand the WFOE Defaulting Party to indemnify it for damagesdamage, provided that unless otherwise mandatorily stipulated by laws or this Agreement or agreed by the Partieslaw, the Non-defaulting Parties Defaulting Party shall not in no event be entitled to terminate or cancel revoke this Agreement under any circumstancesAgreement. For the purpose of this Section 9.1, the Company and the Existing Shareholder further acknowledge and agree that their breach of Article V hereof shall constitute their material breach of this Agreement. 9.2 Notwithstanding any other provisions of this Agreement, the validity of this section article shall not be affected by the any suspension or termination of this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that confirm that, if any Party (hereinafter the “Defaulting Party”) materially breaches substantially any provision of this Agreement, the provisions herein or materially fails substantially to perform or delays in performing any obligation of the obligations under this Agreement, it shall constitute a default under this Agreement (hereinafter a “Default”) ), and each any of the non-defaulting Parties (“Non-defaulting Parties”) shall be entitled have the right to request require the Defaulting Party to cure rectify such Default or take remedies remedial measures within a reasonable time period. If the Defaulting Party fails to cure rectify such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other of a non-defaulting Party notifies notifying the Defaulting Party in writing and requests requiring it to cure such rectify the Default, thena non-defaulting Party shall have the right at its own discretion to select any of the following remedial measures: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled (1) to terminate this Agreement and request require the Defaulting Party to indemnify it for damages, or against all damages suffered; or (2) to request seek mandatory performance of the obligations of the Defaulting Party to continue to perform its obligations under this Agreement hereunder and to request require the Defaulting Party to indemnify it for against all the damages; 9.1.2 If the WFOE is the Defaulting Party, the Non-defaulting Parties shall be entitled to request the WFOE to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not be entitled to terminate or cancel this Agreement under any circumstancesdamages suffered. 9.2 Notwithstanding the above Article 9.1, the Parties agree and confirm that in no circumstances shall any Individual Shareholder or the Domestic Company request the termination of this Agreement for any reason, provided that WFOE shall have the right to unilaterally terminate this Agreement at any time by sending a 30 days’ prior written notice to the Individual Shareholders and the Domestic Company. 9.3 The rights and remedies prescribed herein are cumulative, and other rights or remedies prescribed by the law are not precluded. 9.4 Notwithstanding any other provisions of this Agreementherein, the validity of this section Article shall not be affected by the suspension or termination of this Agreement.

Liability for Default. ​ 9.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) materially substantially breaches any provision of this Agreementhereunder, or materially substantially fails to perform or substantially delays in performing any obligation under this Agreementobligations hereunder, it such breach, failure or delay shall constitute a default under this Agreement hereunder (“Default”) and each that in such event, any of the non-defaulting Parties (“Non-defaulting PartiesDefaulting Party”) shall be entitled have the right to request demand the Defaulting Party to cure such Default or take remedies remedial measures within a reasonable time periodtime. If the Defaulting Party fails to cure such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other Non-Defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, then:: ​ 9.1.1 (a) If any Shareholder either of the Existing Shareholders or the Company is the Defaulting Party, the WFOE Wholly-owned Company shall be entitled to terminate this Agreement and request demand the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damages;damage; ​ 9.1.2 (b) If the WFOE Wholly-owned Company is the Defaulting Party, the Non-defaulting Parties Defaulting Party shall be entitled to request demand the WFOE Defaulting Party to indemnify it for damagesdamage, provided that unless otherwise mandatorily stipulated by laws or this Agreement or agreed by the Partieslaw, the Non-defaulting Parties Defaulting Party shall not in no event be entitled to terminate or cancel revoke this Agreement under any circumstances.Agreement. ​ For the purpose of this Section 9.1, the Company and the Existing Shareholders further acknowledge and agree that their breach of Article V hereof shall constitute their material breach of this Agreement. ​ 9.2 Notwithstanding any other provisions of this Agreement, the validity of this section article shall not be affected by the any suspension or termination of this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that if any Party (the “Defaulting Party”) materially breaches any provision of this Agreementhereof, or materially fails to perform or delays in performing any obligation under this Agreementhereunder, it such breach, failure or delay shall constitute a default under this Agreement hereunder (the “Default”) and each any of the non-defaulting Parties (the “Non-defaulting PartiesDefaulting Party”) shall be entitled have the right to request demand the Defaulting Party to cure such Default or take remedies remedial measures within a reasonable time periodperiod of time. If the Defaulting Party fails to cure such Default or take remedies remedial measures within such reasonable period of time period or within ten (10) days after upon receipt of the other Party notifies written notice from the Non-Defaulting Party in writing and requests requesting it to cure such Default, then: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE or the Cayman Company shall be entitled to terminate this Agreement and request demand the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damages;damage; ​ 9.1.2 If the WFOE or the Cayman Company is the Defaulting Party, the Non-defaulting Parties Defaulting Party shall be entitled to request demand the WFOE Defaulting Party to indemnify it for damagesdamage, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Partieslaws, the Non-defaulting Parties Defaulting Party shall not in no event be entitled to terminate or cancel this Agreement under any circumstances. 9.2 Notwithstanding any other provisions of this Agreement, the validity of this section shall not be affected by the suspension or termination of rescind this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that confirm that, if any Party (hereinafter the “Defaulting Party”) materially breaches substantially any provision of this Agreement, the provisions herein or materially fails substantially to perform or delays in performing any obligation of the obligations under this Agreement, it shall constitute a default under this Agreement (hereinafter a “Default”) ), and each any of the non-defaulting default Parties (“Non-defaulting Parties”) shall be entitled have the right to request require the Defaulting Party to cure rectify such Default or take remedies remedial measures within a reasonable time period. If the Defaulting Party fails to cure rectify such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other of a non-defaulting Party notifies notifying the Defaulting Party in writing and requests requiring it to cure such rectify the Default, thenthe non-defaulting Party shall have the right at its own discretion to select any of the following remedial measures: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled (1) to terminate this Agreement and request the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request require the Defaulting Party to indemnify it for all damages suffered; or (2) to seek mandatory performance of the damages; 9.1.2 If the WFOE is obligations of the Defaulting Party, Party hereunder and require the Non-defaulting Parties shall be entitled to request the WFOE Defaulting Party to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not be entitled to terminate or cancel this Agreement under any circumstancesall damages suffered. 9.2 The Parties agree and confirm that in no circumstances shall any Shareholder request the termination of this Agreement for any reason. 9.3 The rights and remedies prescribed herein are cumulative, and other rights or remedies prescribed by the law are not precluded. 9.4 Notwithstanding any other provisions of this Agreementherein, the validity of this section Article shall not be affected by the suspension or termination of this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that confirm that, if any Party (hereinafter the “Defaulting Party”) materially breaches substantially any provision of this Agreement, the provisions herein or materially fails substantially to perform or delays in performing any obligation of the obligations under this Agreement, it shall constitute a default under this Agreement (hereinafter a “Default”) ), and each any of the non-defaulting Parties (“Non-defaulting Parties”) parties shall be entitled have the right to request require the Defaulting Party to cure rectify such Default or take remedies remedial measures within a reasonable time period. If the Defaulting Party fails to cure rectify such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other Party notifies of a non-defaulting party notifying the Defaulting Party in writing and requests requiring it to cure such rectify the Default, thena non-defaulting party shall have the right at its own discretion to select any of the following remedial measures: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled (1) to terminate this Agreement and request the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request require the Defaulting Party to indemnify it for all damages suffered; or (2) to seek mandatory performance of the damages; 9.1.2 If the WFOE is obligations of the Defaulting Party, Party hereunder and require the Non-defaulting Parties shall be entitled to request the WFOE Defaulting Party to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not be entitled to terminate or cancel this Agreement under any circumstancesall damages suffered. 9.2 The Parties agree and confirm that in no circumstances shall any Shareholder request the termination of this Agreement for any reason. 9.3 The rights and remedies prescribed herein are cumulative, and other rights or remedies prescribed by the law are not precluded. 9.4 Notwithstanding any other provisions of this Agreementherein, the validity of this section Article shall not be affected by the suspension or termination of this Agreement.

Liability for Default. ​ 9.1 The Parties agree and acknowledge that if any Party (hereinafter referred to as the “Defaulting Party”) materially substantially breaches any provision of this Agreement, or materially substantially fails to perform or delays in performing any obligation under this Agreement, it such shall constitute a default Default under this Agreement (hereinafter referred to as the “Default”) and each any Party of the nonother Non-defaulting Parties (hereinafter referred to as the “Non-defaulting Parties”) shall be entitled to request require the Defaulting Party to cure such Default or take remedies within a reasonable time period. If the Defaulting Party fails to cure such Default or take remedies within such reasonable time period or within ten (10) fifteen days after the other Party notifies Non-defaulting Parties notify the Defaulting Party in writing and requests require it to cure such Default, then: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be relevant Non-defaulting Parties are entitled to at their absolute discretion (1) terminate this Agreement and request the require Defaulting Party to indemnify it for all the damages, ; or to request (2) require the specific performance of the Defaulting Party to continue to perform its Party’s obligations under this Agreement and to request require the Defaulting Party to indemnify it for all the damages; 9.1.2 If . For the WFOE is the Defaulting Partyavoidance of doubt, the Non-defaulting Parties shall be entitled to request Shareholders or the WFOE to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not Company will be entitled to terminate or cancel this Agreement under any circumstances.pursuant to this section merely in the event of the Default of the WFOE. ​ 9.2 Notwithstanding any other provisions of The Parties agree and acknowledge that except for otherwise provided by laws and this Agreement, the validity Shareholders and the Company shall in no event terminate this Agreement with any reason. ​ 9.3 Notwithstanding otherwise provided in this Agreement, the effectiveness of this section shall not be affected by the suspension dissolution or termination of this Agreement.

Liability for Default. 9.1 The Parties agree 8.1 Any Party that directly or indirectly violates any provision of the Agreement or does not assume or fails to timely and acknowledge that if any Party fully assume its obligations under the Agreement constitutes a breach of contract, the non-breaching party (hereinafter referred to as the “Defaulting Non-breaching Party”) materially breaches any provision of this Agreement, or materially fails shall have the right by written notice to perform or delays in performing any obligation under this Agreement, it shall constitute a default under this Agreement require the breaching party (hereinafter referred to as the “DefaultBreaching Party”) to cure its breach and each take adequate, effective and prompt measures to eliminate the consequences of default and to compensate the Non-breaching Party for the losses incurred by the Breaching Party as a result of the non-defaulting Parties (“breach. 8.2 If, after the occurrence of default, the Non-defaulting Parties”) breaching Party reasonably and objectively determines that such breach has rendered the performance of the Non-breaching Party’s corresponding obligations under the Agreement impossible or unfair, the Non-breaching Party shall be entitled to request notify the Defaulting Breaching Party in writing that the Non-breaching Party will temporarily suspend the performance of its corresponding obligations under the Agreement until the Breaching Party ceases its breach, takes adequate, effective and prompt measures to cure such Default or take remedies within eliminate the consequences of default and compensates the Non-breaching Party for the losses incurred by the Breaching Party as a reasonable time periodresult of the breach. 8.3 The Breaching Party shall indemnify the Non-breaching Party for its losses including direct economic losses, any foreseeable indirect losses and additional costs incurred by the Breaching Party as a result of the default, including but not limited to attorney’s fees, litigation and arbitration costs, financial costs and travel expenses. If the Defaulting Party fails to cure such Default or take remedies within such reasonable time period or within ten (10) days after amount of liquidated damages is otherwise expressly provided in any provision of the other Party notifies the Defaulting Party in writing and requests it to cure such Default, then: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled to terminate this Agreement and request the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damages; 9.1.2 If the WFOE is the Defaulting Party, the Non-defaulting Parties shall be entitled to request the WFOE to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not be entitled to terminate or cancel this Agreement under any circumstances. 9.2 Notwithstanding any other provisions of this Agreement, the validity of this section such provision shall not be affected by the suspension or termination of this Agreementprevail.

Liability for Default. 9.1 12.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) materially substantially breaches any provision of this Agreementhereunder, or materially substantially fails to perform or substantially delays in performing any obligation under this Agreementobligations hereunder, it such breach, failure or delay shall constitute a default under this Agreement hereunder (“Default”) and each of that in such event, the non-defaulting Parties (“Non-defaulting Parties”) Party shall be entitled have the right to request demand the Defaulting Party to cure such Default or take remedies remedial measures within a reasonable time periodtime. If the Defaulting Party fails to cure such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other non-defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, then: 9.1.1 If any Shareholder or the Company is and if the Defaulting PartyParty is Party A, the WFOE shall be entitled non-defaulting Party may elect, in its discretion, to (1) terminate this Agreement and request demand the Defaulting Party to fully indemnify it for damages, damage; or to request (2) demand enforced performance by the Defaulting Party to continue to perform of its obligations under this Agreement hereunder and to request full indemnification from the Defaulting Party to indemnify it for all the damages; 9.1.2 If the WFOE is damage; if the Defaulting PartyParty is Party B, the Nonnon-defaulting Party shall have the right to demand continued performance by the Defaulting Party of its obligations hereunder and full indemnification from the Defaulting Party for damage. 12.2 Notwithstanding Section 12.1 above, the Parties shall be entitled to request the WFOE to indemnify it for damages, provided agree and acknowledge that unless otherwise stipulated by laws Laws or this Agreement or agreed by the PartiesAgreement, the Non-defaulting Parties Party A shall not in no event be entitled permitted to demand to terminate or cancel this Agreement under on the ground of any circumstancesreason. 9.2 12.3 Notwithstanding any other provisions of this Agreement, the validity of this section Article XII shall not be affected by the suspension or any termination of this Agreement.

Liability for Default. 9.1 7.1 The Parties agree and acknowledge that confirm that, if any Party (hereinafter the “Defaulting Party”) materially breaches substantially any provision of this Agreement, the provisions herein or materially fails substantially to perform or delays in performing any obligation of the obligations under this Agreement, it shall constitute a default under this Agreement (hereinafter a “Default”) ), and each of the non-defaulting Parties (“Non-defaulting Parties”) Party shall be entitled have the right to request require the Defaulting Party to cure rectify such Default or take remedies remedial measures within a reasonable time period. If the Defaulting Party fails to cure rectify such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after of the other non-defaulting Party notifies notifying the Defaulting Party in writing and requests requiring it to cure such rectify the Default, thenthe non-defaulting Party shall have the right at its own discretion to select any of the following remedial measures: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled (1) to terminate this Agreement and request require the Defaulting Party to indemnify it for damages, or against all damages suffered; or (2) to request seek mandatory performance of the obligations of the Defaulting Party to continue to perform its obligations under this Agreement hereunder and to request require the Defaulting Party to indemnify it for against all damages suffered. 7.2 Notwithstanding the damages; 9.1.2 If the WFOE is the Defaulting Partyabove Article 7.1, the Non-defaulting Parties agree and confirm that in no circumstances shall be entitled to the Domestic Company request the WFOE to indemnify it for damages, provided that unless otherwise stipulated by laws or termination of this Agreement for any reason. 7.3 The rights and remedies prescribed herein are cumulative, and other rights or agreed remedies prescribed by the Parties, the Non-defaulting Parties shall law are not be entitled to terminate or cancel this Agreement under any circumstancesprecluded. 9.2 7.4 Notwithstanding any other provisions of this Agreementherein, the validity of this section Article shall not be affected by the suspension or termination of this Agreement.

Liability for Default. 9.1 11.1 The Parties agree and acknowledge that if any Party (“Defaulting Party”) materially substantially breaches any provision of this Agreementhereunder, or materially substantially fails to perform or substantially delays in performing any obligation under this Agreementobligations hereunder, it such breach, failure or delay shall constitute a default under this Agreement hereunder (“Default”) and each that in such event, any of the non-defaulting Parties (“Non-defaulting Parties”) shall be entitled have the right to request demand the Defaulting Party to cure such Default or take remedies remedial measures within a reasonable time periodtime. If the Defaulting Party fails to cure such Default or take remedies remedial measures within such reasonable time period or within ten (10) days after the other non-defaulting Party notifies the Defaulting Party in writing and requests it to cure such Default, then: 9.1.1 If any (a) to the extent that either the Existing Shareholder or the Company is the Defaulting Party, the WFOE shall be entitled to terminate this Agreement and request demand the Defaulting Party to indemnify it for damages, or to request the Defaulting Party to continue to perform its obligations under this Agreement and to request the Defaulting Party to indemnify it for all the damagesdamage; 9.1.2 If (b) to the extent that WFOE is the Defaulting Party, the Non-defaulting Parties Party shall be entitled to request demand the WFOE Defaulting Party to indemnify it for damagesdamage, provided that unless otherwise mandatorily stipulated by laws or this Agreement or agreed by the Partieslaw, the Non-defaulting Parties Party shall not in no event be entitled to terminate or cancel revoke this Agreement under any circumstancesAgreement. For the purpose of this Section 11.1, the Existing Shareholder further acknowledges and agrees that its breach of Article VI hereof shall constitute their material breach of this Agreement; the Company further acknowledges and agrees that its breach of Article VII hereof shall constitute its material breach of this Agreement. 9.2 11.2 Notwithstanding any other provisions of this Agreementhereof, the validity of this section article shall not be affected by the suspension or any termination of this Agreement.

Liability for Default. 9.1 The Parties agree and acknowledge that if any Party (hereinafter referred to as the “Defaulting Party”) materially substantially breaches any provision of this Agreement, or materially substantially fails to perform or delays in performing any obligation under this Agreement, it such shall constitute a default Default under this Agreement (hereinafter referred to as the “Default”) and each any Party of the nonother Non-defaulting Parties (hereinafter referred to as the “Non-defaulting Parties”) shall be entitled to request require the Defaulting Party to cure such Default or take remedies within a reasonable time period. If the Defaulting Party fails to cure such Default or take remedies within such reasonable time period or within ten (10) fifteen days after the other Party notifies Non-defaulting Parties notify the Defaulting Party in writing and requests require it to cure such Default, then: 9.1.1 If any Shareholder or the Company is the Defaulting Party, the WFOE shall be relevant Non-defaulting Parties are entitled to at their absolute discretion (1) terminate this Agreement and request the require Defaulting Party to indemnify it for all the damages, ; or to request (2) require the specific performance of the Defaulting Party to continue to perform its Party’s obligations under this Agreement and to request require the Defaulting Party to indemnify it for all the damages; 9.1.2 If . For the WFOE is the Defaulting Partyavoidance of doubt, the Non-defaulting Parties shall be entitled to request Shareholders or the WFOE to indemnify it for damages, provided that unless otherwise stipulated by laws or this Agreement or agreed by the Parties, the Non-defaulting Parties shall not Company will be entitled to terminate or cancel this Agreement pursuant to this section merely in the event of the Default of the WFOE. *** Indicates where text has been omitted pursuant to a request for confidential treatment under any circumstancesRule 406 of the Securities Act of 1933, as amended. The omitted materials have been filed separately with the Securities and Exchange Commission. 9.2 Notwithstanding any other provisions of The Parties agree and acknowledge that except for otherwise provided by laws and this Agreement, the validity Shareholders and the Company shall in no event terminate this Agreement with any reason. 9.3 Notwithstanding otherwise provided in this Agreement, the effectiveness of this section shall not be affected by the suspension dissolution or termination of this Agreement.