Spousal Consent Letter
Exhibit 10.12
Whereas:
| 1. | I, Xxxx Xxxx, a Chinese citizen with the ID number of ***, is the spouse of Xxxxxxxx Xxxx, who is the shareholder of Yang Infinity (Shanghai) Biotechnology Co., Limited ; |
| 1. | Xxxxxxxx Xxxx, Xianggui (Shanghai) Biotechnology Co., Ltd. and Yang Infinity (Shanghai) Biotechnology Co., Limited have entered into a series of agreements and any exhibits and amendments thereto, including the Equity Interest Pledge Agreement, the Exclusive Technology Consulting and Service Agreement, the Exclusive Call Option Agreement and the Power of Attorney (the “Agreements”). |
I hereby confirm that I have read and understood the terms of the Agreements, and I will, if required, be a party to such Agreements and be bound by such Agreements.
I further confirm and agree that:
| (1) | the equity interest held by Xxxxxxxx Xxxx under the Agreements (the “Zeng’s Share”) shall belong to Xxxxxxxx Xxxx under any circumstances, and Xxxxxxxx Xxxx may, without my consent, mortgage, sell or dispose of Xxxx’x Share in any other manner according to the Agreements; |
| (2) | Xxxxxxxx Xxxx may execute any amendment and supplement to the Agreements related to Xxxxxxxx Xxxx’x Shares without my signature, confirmation, agreement or consent; |
| (3) | under any circumstances, I will not claim for any rights in connection with Xxxx’x Share which are inconsistent with the provisions of the Agreements, or take any action inconsistent with the provisions of the Agreements; |
| (4) | the portion of equity interest that may belong to me (“My Share”) in the equity interest held by Xxxxxxxx Xxxx shall and may be mortgaged, sold or disposed of in any other manner according to the Agreements; |
| (5) | if required, I agree to sign and be a party to the Agreements, and undertake that any amendment and supplement of the Agreements will not be inconsistent with the rights and obligations of Xxxxxxxx Xxxx under the Agreements; |
| (6) | I will not claim for any rights in connection with My Share which are inconsistent with the provisions of the Agreements, or take any action inconsistent with the provisions of the Agreements. |
Hereby confirm.
| Signed by:: | /s/ Xxxx Xxxx | |
| June 21, 2019 | ||
Whereas:
| 1. | I, Xxxxxxxx Xxxx, a Chinese citizen with the ID number of ***, is the spouse of Xxxx Xxxx, who is the shareholder of Yang Infinity (Shanghai) Biotechnology Co., Limited ; |
| 2. | Xxxx Xxxx, Xxxxxxxx (Shanghai) Biotechnology Co., Ltd. and Yang Infinity (Shanghai) Biotechnology Co., Limited have entered into a series of agreements and and any exhibits and amendments thereto, including the Equity Interest Pledge Agreement, the Exclusive Technology Consulting and Service Agreement, the Exclusive Call Option Agreement and the Power of Attorney (the “Agreements”). |
I hereby confirm that I have read and understood the terms of the Agreements, and I will, if required, be a party to such Agreements and be bound by such Agreements.
I further confirm and agree that:
| (1) | the equity interest held by Xxxx Xxxx under the Agreements (the “Xxxx’x Share”) shall belong to Xxxx Xxxx under any circumstances, and Xxxx Xxxx may, without my consent, mortgage, sell or dispose of Xxxx’x Share in any other manner according to the Agreement; |
| (2) | Xxxx Xxxx may execute any amendment and supplement to the Agreements related to Xxxx’x Share without my signature, confirmation, agreement or consent; |
| (3) | under any circumstances, I will not claim for any rights in connection with Xxxx’x Share which are inconsistent with the provisions of the Agreements, or take any action inconsistent with the provisions of the Agreements; |
| (4) | the portion of equity interest that may belong to me (“My Share”) in the equity interest held by Xxxx Xxxx shall and may be mortgaged, sold or disposed of in any other manner according to the Agreements; |
| (5) | if required, I agree to sign and be a party to the Agreements, and undertake that any amendment and supplement of the Agreements will not be inconsistent with the rights and obligations of Xxxx Xxxx under the Agreements; |
| (6) | I will not claim for any rights in connection with My Share which are inconsistent with the provisions of the Agreements, or take any action inconsistent with the provisions of the Agreements. |
Hereby Confirm.
| Signed by:: | /s/ Xxxxxxxx Xxxx |
June 21, 2019
