AMENDMENT TO SHAREHOLDERS AGREEMENT
Exhibit 4.6
AMENDMENT TO SHAREHOLDERS AGREEMENT
THIS AMENDMENT TO SHAREHOLDERS AGREEMENT (this “Amendment”) is entered into as of March 2nd, 2015, by and among:
1. | InnoLight Technology Corporation (the “Company”); |
2. | GC I, LP; |
3. | Lightspeed China Partners I, L.P.; |
4. | Lightspeed China Partners I-A, L.P.; and |
5. | ITC Vision Ltd. |
6. | ITC Bright Ltd. |
Each of the parties to this Amendment is referred to herein individually as a “Party” and collectively as the “Parties.” GC I, LP, Lightspeed China Partners I, L.P. and Lightspeed China Partners I-A, L.P. are referred to herein collectively as “Series C Preferred Shareholders.” Capitalized terms used but not defined herein shall have the meanings set forth in the shareholders agreement, dated September 26, 2014, entered into by and among the Company, the Series C Preferred Shareholders, the Company’s other then existing shareholders and certain other parties (the “Agreement”).
RECITALS
WHEREAS,
1. Glory Castle Holdings Limited (“Glory Castle”) has transferred 1,650,000 ordinary shares, 247,968 series A preferred shares and 1,744,079 series A-1 preferred shares of the Company to ITC Vision Ltd.;
2. Glory Castle has transferred 1,927,857 ordinary shares of the Company to ITC Bright Ltd., which is wholly owned by Xx. XXX Hao, and thereafter Xx. XXX Hao has immediately transferred entire ITC Bright Ltd. ownership, including but not limited to all tangible and intangible assets held by ITC Bright Ltd. to The Core Trust Company Limited. to fund his personal trust, i.e., all of the shares of the Company transferred from Glory Castle, to be held for the benefit of certain persons named by Xx. Xxx; and
3. In connection with the foregoing transfer of the shares of the Company, ITC Vision Ltd. and ITC Bright Ltd. have become shareholders of the Company, and the Parties hereto desire to amend certain terms of the Agreement in accordance with Section 5.2 thereof.
AGREEMENT
NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:
SECTION 1 AMENDMENTS
(1) | Schedule A-2 to the Agreement shall be amended as follows: |
Ordinary Shareholders
Glory Castle Holdings Limited
Osa Xxx
Xxx-xxx Xxx
Xxx-Long Xxxxxxx Xxx
Xxxxx Xx
Xxxxx Xxxxx Kung
ITC Vision Ltd.
ITC Bright Ltd.
(2) | Schedule A-3 to the Agreement shall be amended as follows: |
Series A Preferred Shareholders
Glory Castle Holdings Limited
Monet Investment Inc.
Chin-Xxxx Xx
Xxxx Xxxxx
Xxxxx Xxxxx Kung
Acorn Campus Venture Fund III, LLC
Refele Holdings Limited
Hua Yuan International Limited
ITC Vision Ltd.
(3) | Schedule A-4 to the Agreement shall be amended as follows: |
Series A-1 Preferred Shareholders
Glory Castle Holdings Limited
Cascade Capital Management LLC
Hsing Hsien Kung
Xxxxx Xxx Qu Limited
Qianrong Capital Limited
Guofa Rongfu Capital Investment (Hong Kong ) Limited
Selected Partners Limited
Refele Investment Holdings Limited
ITC Vision Ltd.
SECTION 2 EFFECT OF AMENDMENTS
This Amendment shall be deemed incorporated into, and form a part of, the Agreement and have the same legal validity and effect as the Agreement.
Except as expressly amended hereby, all terms and provisions of the Agreement are and shall remain in full force and effect, and all references to the Agreement shall hereafter refer to the Agreement as amended by this Amendment, and as it may hereafter be further amended or restated.
SECTION 3 MISCELLANEOUS
Section 10.3 (Governing Law) and Section 10.12 (Dispute Resolution) of the Agreement is hereby incorporated herein mutatis mutandis.
This Amendment may be executed in counterparts, all of which shall be considered one and the same agreement and shall become effective when counterparts have been signed by each Party and delivered to each other Party; provided that a facsimile signature shall be considered due execution and shall be binding upon the signatory thereto with the same force and effect as if the signature were an original, not a facsimile signature.
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IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
Company: | ||
InnoLight Technology Corporation | ||
By: | /s/ Xxxxx Xxx | |
Name: Xxxxx Xxx | ||
Title: Director |
[Signature Page to Amendment to Shareholders Agreement]
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
GC I, LP
By: |
||
GC I, GP, its general partner | ||
By: |
/s/ Xxxxxx Xxxxxx |
Name: |
Xxxxxx Xxxxxx |
Title: |
General Partner |
[Signature Page to Amendment to Shareholders Agreement]
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
LIGHTSPEED CHINA PARTNERS I, L.P. | ||
By: |
Lightspeed China Partners I GP, LLC, its general partner | |
By: |
/s/ Xxxxx Mi | |
Xxxxx Mi, Managing Director | ||
LIGHTSPEED CHINA PARTNERS I-A, L.P. | ||
By: |
Lightspeed China Partners I GP, LLC, its general partner | |
By: |
/s/ Xxxxx Mi | |
Xxxxx Mi, Managing Director |
[Signature Page to Amendment to Shareholders Agreement]
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
ITC Vision Ltd. | ||
By: |
/s/ Hai Ding |
Name: |
Hai Ding |
Title: |
Sole Director |
[Signature Page to Amendment to Shareholders Agreement]
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
ITC Bright Ltd. | ||
By: |
/s/ Xxx Xxx | |
Name: |
Xxx Xxx | |
Title: |
Sole Director |
[Signature Page to Amendment to Shareholders Agreement]