October 12, 2012 The Board of Directors Yongye International, Inc. 6th Floor, Suite 608, Xue Yuan International Tower No. 1 Zichun Road, Haidian District Beijing, China Dear Sirs:
EXHIBIT 3
October 12, 2012
The Board of Directors
6th Floor, Suite 608, Xxx Xxxx International Tower
Xx. 0 Xxxxxx Xxxx, Xxxxxxx Xxxxxxxx
Beijing, China
Dear Sirs:
Reference is made to the Confidentiality Agreement, dated as of September 4, 2012 (as may be amended, supplemented or otherwise modified from time to time, the “Confidentiality Agreement”) between Abax Global Capital (Hong Kong) Limited (“Abax”) and Yongye International, Inc. (the “Company”).
We are writing to inform you that we are interested in engaging with Mr. Xxxxxx Xx (“Founder”), Full Alliance International Limited (“Full Alliance”) and MSPEA Agriculture Holding Limited (“MSPEA”) in connection with the Transaction.
We hereby request that, notwithstanding anything to the contrary in the Confidentiality Agreement, the Board of Directors of the Company (acting through its Special Committee) grant Abax and its Representatives permission to engage in discussions and negotiations and/or enter into arrangements, understanding or definitive agreements (if any) with Founder, Full Alliance and MSPEA and any of their respective Representatives regarding the Transaction; provided that Abax shall not, and shall direct its Representatives not to, disclose any Confidential Information (except for information covered by clauses (a), (b) and (c) in the definition of the Confidential Information) to Full Alliance and MSPEA and their respective Representatives in violation of the Confidentiality Agreement.
The terms “Representatives”, “Transaction” and “Confidential Information” shall have the meanings set forth in the Confidentiality Agreement.
Except as otherwise expressly set forth above, all terms and conditions of the Confidentiality Agreement are hereby ratified and confirmed and shall remain in full force and effect.
Please confirm your agreement to the foregoing by signing and returning the enclosed copy of this letter.
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Two International | Finance Centre, Suite 0000, 00/X, 0 Xxxxxxx Xxxxxx, Xxxxxxx, Xxxx Xxxx
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Very truly yours,
ABAX GLOBAL CAPITAL (HONG KONG) LIMITED
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By: | /s/ Xxxxxx Xxxx | |||
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Name: |
Xxxxxx Xxxx
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Title:
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Managing Partner
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Acknowledged and agreed to:
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| By: | /s/ Xxxx Xxxx | ||
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Xxxx Xxxx
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Title:
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Director
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