Letter of Confirmation
Letter of Confirmation
Whereas:
1. I, Xx Xxxxxxxx, a citizen of the People’s Republic of China, ID No.: ( ), a shareholder of Dongguan Herui Supply Chain Management Co., Ltd., holding 40% equity (“my equity”) of the company;
2. I have entered into a series of agreements and annexes and amendments to them in any form (“such Agreements”) with Shanghai Lightinthebox Information Technology Co., Ltd. and Dongguan Herui Supply Chain Management Co., Ltd., including the Equity Pledge Agreement, Exclusive Technical Consulting and Service Agreement, Exclusive Option Agreement and Power of Attorney.
As a party to such Agreements, I hereby confirm that:
I will make proper arrangement in advance, to ensure that, in case of death, incapacity and divorce of me or other circumstances that may affect the performance of my obligations hereunder, my successor, guardian, creditor, spouse or any other person who may obtain my equity or related rights (“successor of my equity”) will agree that:
(1) My equity shall and may be mortgaged, sold or otherwise disposed of in accordance with such Agreements;
(2) Such Agreements shall be applicable to legitimate rights and interests in my equity which may be obtained by successor of my equity;
(3) Under no circumstance, with respect to my equity, will the successor of my equity make any claim or take any action which conflicts with such Agreements.
Hereby confirm.
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/s/ Fu Qianneng |
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Fu Qianneng |
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September 27th, 2020 |
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Letter of Confirmation
Whereas:
1. I, Xxxx Xxxxxxxx, a citizen of the People’s Republic of China, ID No.: ( ), the spouse of Xx Xxxxxxxx who is a shareholder of Dongguan Herui Supply Chain Management Co., Ltd.;
2. Fu Qianneng have entered into a series of agreements and annexes and amendments to them in any form (“such Agreements”) with Shanghai Lightinthebox Information Technology Co., Ltd. and Dongguan Herui Supply Chain Management Co., Ltd., including the Equity Pledge Agreement, Exclusive Technical Consulting and Service Agreement, Exclusive Option Agreement and Power of Attorney.
I hereby confirm that I have read and am familiar with such Agreements and that I will be a party to and bound by such Agreements when necessary.
I further confirm and agree:
(1) Under all circumstances, the equity held by Xx Xxxxxxxx (“equity held by Xx Xxxxxxxx”) as stated in such Agreements shall be owned by Xx Xxxxxxxx. Fu Qianneng is entitled to mortgage, sell or otherwise dispose of such equity in accordance with such Agreements, without my consent;
(2) With respect to the equity held by Xx Xxxxxxxx, Xx Xxxxxxxx is entitled to enter into any modifications and changes to such Agreements, without my signature, confirmation, consent or affirmation;
(3) Under no circumstance, with respect to the equity held by Xx Xxxxxxxx, will I make any claim or take any action which conflicts with such Agreements;
(4) Any portion of the equity held by Xx Xxxxxxxx that may be owned by me (“my equity”) shall and can be mortgaged, sold or otherwise disposed of in accordance with such Agreements;
(5) When necessary, I will agree to enter into and become a party to such Agreements and warrant that any modification and change to such Agreements will not conflict with the rights and obligations of Fu Qianneng under such Agreements;
(6) Under no circumstance, with respect to my equity, will I make any claim or take any action which conflicts with such Agreements.
Hereby confirm.
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/s/ Xxxx Xxxxxxxx |
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Xxxx Xxxxxxxx |
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September 27th, 2020 |
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Letter of Confirmation
Whereas:
1. I, Xxx Xx, a citizen of the People’s Republic of China, ID No.: ( ), shareholder of Dongguan Herui Supply Chain Management Co., Ltd., holding 60% equity (“my equity”) of the company;
2. I have entered into a series of agreements and annexes and amendments to them in any form (“such Agreements”) with Shanghai Lightinthebox Information Technology Co., Ltd. and Dongguan Herui Supply Chain Management Co., Ltd., including the Equity Pledge Agreement, Exclusive Technical Consulting and Service Agreement, Exclusive Option Agreement and Power of Attorney.
As a party to such Agreements, I hereby confirm that:
I will make proper arrangement in advance, to ensure that, in case of death, incapacity and divorce of me or other circumstances that may affect the performance of my obligations hereunder, my successor, guardian, creditor, spouse or any other person who may obtain my equity or related rights (“successor of my equity”) will agree that:
(1) My equity shall and may be mortgaged, sold or otherwise disposed of in accordance with such Agreements;
(2) Such Agreements shall be applicable to legitimate rights and interests in my equity which may be obtained by successor of my equity;
(3) Under no circumstance, with respect to my equity, will the successor of my equity make any claim or take any action which conflicts with such Agreements.
Hereby confirm.
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/s/ Xxx Xx |
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Xxx Xx |
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September 27th, 2020 |
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Letter of Confirmation
Whereas:
1. I, Xxxx Xxxxx, a citizen of the People’s Republic of China, ID No.: ( ), the spouse of Xxx Xx who is a shareholder of Dongguan Herui Supply Chain Management Co., Ltd.;
2. Xxx Xx have entered into a series of agreements and annexes and amendments to them in any form (“such Agreements”) with Shanghai Lightinthebox Information Technology Co., Ltd. and Dongguan Herui Supply Chain Management Co., Ltd., including the Equity Pledge Agreement, Exclusive Technical Consulting and Service Agreement, Exclusive Option Agreement and Power of Attorney.
I hereby confirm that I have read and am familiar with such Agreements and that I will be a party to and bound by such Agreements when necessary.
I further confirm and agree:
(1) Under all circumstances, the equity held by Xxx Xx (“equity held by Xxx Xx “) as stated in such Agreements shall be owned by Xxx Xx . Xxx Xx is entitled to mortgage, sell or otherwise dispose of such equity in accordance with such Agreements, without my consent;
(2) With respect to the equity held by Xxx Xx , Xxx Xx is entitled to enter into any modifications and changes to such Agreements, without my signature, confirmation, consent or affirmation;
(3) Under no circumstance, with respect to the equity held by Xxx Xx , will I make any claim or take any action which conflicts with such Agreements;
(4) Any portion of the equity held by Xxx Xx that may be owned by me (“my equity”) shall and can be mortgaged, sold or otherwise disposed of in accordance with such Agreements;
(5) When necessary, I will agree to enter into and become a party to such Agreements and warrant that any modification and change to such Agreements will not conflict with the rights and obligations of Fu Qianneng under such Agreements;
(6) Under no circumstance, with respect to my equity, will I make any claim or take any action which conflicts with such Agreements.
Hereby confirm.
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/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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September 27th, 2020 |
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